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“then corporations might not need a rescue”
It doesn’t matter if they “need” a rescue or not. If they can get govt. money they have an obligation to shareholders to do so.
And there is no politician screaming, “Hey, wait!” Bush, a fellow who made his money off government/private partnership, Ranger’s stadium and eminent domain, has ruined the popular idea of conservatives being fiscally responsible and keep banks in control. They cannot even think about “regulations” because it’s stands as a philosophy legitimizing their existence, and fueling campaign contributions.
If Republicans were any good at economic policy, corporations wouldn't be needing a rescue.
Well said! It doesn't help when blowhards like O'Reilly join the crowd over how "much" the oil companies and CEOs make (in general) and fueled the class-warfare of the left. These companies pay so much in taxes and g'ment mandated costs, in addition to the current mindset that no one needs to prepare for his own future, assuredly contributes to the current state of affairs.
Some people just don't care that it is unconstitutional to bail out companies or to tax them as long as they get something out of it for themselves- perception that they pay less tax or that somehow the "man" is paying his "fair" share. Argh.