Comments on: Bailouts, Bailouts, and more Bailouts http://www.moneycrashers.com/bailouts-bailouts-and-more-bailouts/?utm_source=rss&utm_medium=rss&utm_campaign=bailouts-bailouts-and-more-bailouts personal finance blog Sat, 21 Nov 2009 04:07:50 -0600 http://wordpress.org/?v=2.8.6 hourly 1 By: Neko http://www.moneycrashers.com/bailouts-bailouts-and-more-bailouts/comment-page-1/#comment-6307 Neko Tue, 25 Nov 2008 03:08:43 +0000 http://www.moneycrashers.com/?p=696#comment-6307 I wrote an article on my blog titled '% Reasons U.S. Government Bailouts Are A Bad Idea.' What you said sums some of it up, we really are rewarding failure and punishing success. Bailouts provide for an unfair playing field. What if company A today is being bailed out while Company B is successful yet in 5 years Company A is successful land Company B fails? Is it fair for Company B because had our free market originally worked the way it should, Company A would have went under and Company B would have succeeded in the long term. - Neko I wrote an article on my blog titled ‘% Reasons U.S. Government Bailouts Are A Bad Idea.’

What you said sums some of it up, we really are rewarding failure and punishing success. Bailouts provide for an unfair playing field. What if company A today is being bailed out while Company B is successful yet in 5 years Company A is successful land Company B fails? Is it fair for Company B because had our free market originally worked the way it should, Company A would have went under and Company B would have succeeded in the long term.

- Neko

]]> By: author http://www.moneycrashers.com/bailouts-bailouts-and-more-bailouts/comment-page-1/#comment-6297 author Fri, 21 Nov 2008 04:07:17 +0000 http://www.moneycrashers.com/?p=696#comment-6297 I totally agree, Sam. It's sick. Who's next? The credit card companies? We're going to start bailing out credit card companies? Every industry will now start coming to the government for help, and we become ONE step closer to socialism every time it happens. No one seems to notice the big picture, and some people actually WANT this country to switch from capitalism to socialism which boggles my mind. oh well. I totally agree, Sam. It’s sick. Who’s next? The credit card companies? We’re going to start bailing out credit card companies? Every industry will now start coming to the government for help, and we become ONE step closer to socialism every time it happens. No one seems to notice the big picture, and some people actually WANT this country to switch from capitalism to socialism which boggles my mind. oh well.

]]> By: Sam http://www.moneycrashers.com/bailouts-bailouts-and-more-bailouts/comment-page-1/#comment-6293 Sam Wed, 19 Nov 2008 20:15:29 +0000 http://www.moneycrashers.com/?p=696#comment-6293 The British government bailed out the British Leyland car company in the '70s and '80s and look where it got the company. It still went out of business. The government needs to start making these companies accountable for their woefully flawed business practices and stop throwing money away. The British government bailed out the British Leyland car company in the ’70s and ’80s and look where it got the company. It still went out of business. The government needs to start making these companies accountable for their woefully flawed business practices and stop throwing money away.

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