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Old 01-16-2009, 01:00 PM
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aklim aklim is offline
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Join Date: Apr 2000
Location: Location: Greenfield WI, USA
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Quote:
Originally Posted by MS Fowler View Post
In capitalism, you MUST allow businesses to fail.

The managers, and Boards of Directors who run corporations into the ground must be held accountable for their choices, and not be allowed to walk away with personal fortunes.

You must also allow them to suceed, and grow.
Ah, but Sir, you are obviously not running for re-election or you would understand the simple truth. If you vote to NOT give them the bailout, you are the jerk that allowed the business to fail. So, would ex-Worker Joe vote for you since you are part of the reason that he has no job? Probably not. So you want to be the good guy. You want to be Santa Clause and dole out the big bucks.

Perhaps so but is it wise for the govt to involve itself in how business allows it's execs to profit when they too can be under scrutiny for profiting when times are bad?

and fail.
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