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Old 12-03-2008, 11:38 AM   #11
TheMercenary
“Hypocrisy: prejudice with a halo”
 
Join Date: Mar 2007
Location: Savannah, Georgia
Posts: 21,393
Quote:
Originally Posted by lookout123 View Post
BS. Every last penny of it. The $700B isn't meant to prevent to AIG, Citi, the Big 3, etc. fail... it is proof that they've already failed and they just want the taxpayer to pick up the pieces so they can keep their doors open. Good companies don't fail. Bad companies do. Bad companies should be forced to face the consequences of bad management. They either close the doors (only the strong survive) or they are taken over by stronger companies (only the strong survive). Bailouts only encourage poor companies to continue being poor companies.
Here, here! Well stated.
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