[lookout123]

I'm a hypocrite in that category F3. Corporations too big to fail is a blatant falsehood. "corporations big enough to hire lobbiests", "corporations too crap to survive", "corporations i want to work at after i leave gov't" would be more accurate. Bad decisions have consequences. Strings of bad decisions have worse consequences. decades of... you get the point.

GM should have folded. If they needed a government bail out then they should have filed bankruptcy and let the chips fall where the may. It would have been painful and bloodier but for a shorter period of time. More importantly the market would have been reset at that point. The market moves based on the hope for gain and fear of loss. Now we have created a situation where the fear of loss is no longer in the equation if you are big enough. That is not healthy for the future of our economy.

As far as individuals go, I believe we should have a safety net. I don't want someone having a heart attack turned away from the ER. I also don't want them going to the ER for a cold if they aren't paying for it.

I don't know what the "right" system would look like in detail. Honestly it will never happen so I've never put serious thought into it. I believe a genuine safety net is short term, covers only the basics, and by design forces participants back into self sufficiency. Nothing should be free though. If you are on the government dole then you must not be working. If you aren't working then you must have time to go to a job training program, volunteer somewhere useful, or sweep the streets to make the community better.