Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: DonaldC

The Obama administration is in the ‘bidness’ of picking winners and losers. They tend to exempt businesses with union labor from increased costs. So larger corporations will not have to pass these costs on.
Recently, Goldman Sachs and Warren Buffet announced a plan to ‘loan’ $500M to small businesses. Since neither are set up as normal banking institutions, is this a loan, or is it a ‘buy-in’?
If I were paranoid, I would consider these actions equal to the Bolshevik Revolutions, where the merchant class was the target.
Central planning doesn’t work very well with millions of small businesses competing. You need Big Government, Big Business, and Big Labor.


14 posted on 11/19/2009 8:07:44 AM PST by griswold3 (You think health care is expensive now? Just wait till it's FREE!)
[ Post Reply | Private Reply | To 9 | View Replies ]


To: griswold3

Thanks for the points all, I was not thinking outside the box enough.. :)


16 posted on 11/19/2009 8:14:52 AM PST by DonaldC (A nation cannot stand in the absence of religious principle.)
[ Post Reply | Private Reply | To 14 | View Replies ]

To: griswold3
Central planning doesn’t work very well

Central planning hardly works at all if the goal is rising prosperity. That is all too obvious with small business out of the Central loop so those have to be eliminated or the inefficiency of CP is visible to all. If the goal is absolute power held by an oligarchy/aristocracy/nomenklatura over a declining economy then Central Planning is the only way to go.

20 posted on 11/19/2009 8:51:38 AM PST by arthurus ("If you don't believe in shooting abortionists, don't shoot an abortionist." -Ann C.)
[ Post Reply | Private Reply | To 14 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson