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Your apparent theory that too-big-to-fail corporations should be allowed to play heads-I-win-tails-you-lose with taxpayer money I don't recall advocating that
by CWuestefeld 15y ago
Your apparent theory that too-big-to-fail corporations should be allowed to play heads-I-win-tails-you-lose with taxpayer money
I don't recall advocating that those corporations should have been bailed out. Indeed, I believe just the opposite. The market was malfunctioning back in '07, but the way to solve that problem isn't by rewarding those doing it. The correct fix, painful as it might be, is to allow it fail.
Maybe because the end of your slippery slope is oligarchy and/or crony capitalism masquerading as representative government?
Perhaps my previous statement clarifies that I'm not a supporter of corporatism at all. I'm opposed to the government grabbing additional powers. That's it.