The stupidity on theis site is disturbing.
Socialism is when private institutions make bad investments and pass their losses onto the taxpayer.
Responsibility is when the same institution needs to show fiscally responsible practices for the money in which they’ve bilked from the taxpayers.
Uh, no. That's Corporatism.
Responsibility is when the same institution needs to show fiscally responsible practices for the money in which theyve bilked from the taxpayers.
That's Socialism, where the State controls running of the businesses.
Responsibility is when poorly run businesses are allowed to fail so better-run ones can take their place, rather than propping up and promoting failure (which punishes and keeps down the businesses that are efficient).
Buying a plane stimulates the economy.
So does taking a luxury vacation.
I dont want the govt to tell me what to buy, even though i havent “bilked the texpayer”.
The strings attached to getting bailout money make the whole thing a bigger farce than it already is.
if you dont understand that, GFY.