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Old 01-16-2009, 08:18 AM
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MS Fowler MS Fowler is offline
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Join Date: Jan 2003
Location: Littlestown PA ( 6 miles south of Gettysburg)
Posts: 2,277
Actually, I agree with RichC. The taxpayers should not be paying corporate welfare. 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.
The entire bailout business is a total scam and waste of money. If they HAD to do something, they should have given the money to people who owed the mortgaes to pay them off. That would have put the money back into circulation rather than allowed the banks to hoarde it. It woould have freed up additional money for spending because those with the paid-off mortgages would have more money for spending on other stuff.
You must also allow them to suceed, and grow.
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