When Bush/Obama bailed out companies for poor business practices it was the beginning of the end. Companies know the Gov't is there as a safety blanket if they run out of money.
They should have been allowed to fail and smaller companies could have come in and gotten machines and parts for pennies on the dollar. We would have a stronger economy today with more mid sized businesses.
Now companies can't waste money , invest in items only the top 1% could afford to buy. Waste money on social causes. Live way beyond their means. Buy their on stock back and artificially raise the value.
They no papa Federal Government will come in and bail them out. They have been deemed to be too big to fail. They will threaten layoffs and that means fewer votes for the politicians.
It is taxpayer highway robbery. It really makes me sick. When Conservatives ran companies they saved for hard times with reserve funds and could bail themselves out of a jam. These liberal hot shits waste and spend like drug addicts.
Yes, because companies are no longer responsible
No, bail outs didn't effect companies operations
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(can waste money) and (they know papa fed gov't )
Company bail outs that started in 2008 have cut the throat of the modern economy, was it the beginning of the end?
The first proper state bailout occurred during the panic of 1792. Treasury secretary Alexander Hamilton authorized purchases to prevent the collapse of the securities market.
Nearly every democracy has done it to certain levels since.
No they haven't. The only modern company to be bailout pre 2008 was Chrysler and Harley Davidson. So keep your liberal fantasies coming. You probably think the color of blood is green. Total ignorance.
Nah. You don't make any sense. And you are the only one here who likes feelings things in the ass, black cock for example. I remember of you saying that you're sexually attracted to black penis. Are you open about your homosexuality though?
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