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Jason Rines (iThinkBig) » Comments » BBT

  • We Needed Government Aid Sooner [View article]
    Indeed, the problem with building empires. Hide the money and produce less until the empire becomes sane, dissolves or at times is conquered. There is a possibility now that we will become the USSA, communist lite. In other words still have Hollywood but the state owns everything else.


    On Aug 25 09:31 AM Tony Petroski wrote:

    > The author:
    >
    > "If we offered consumers "Cash for Clunkers" a year ago, we just
    > might have prevented the closure of all of those automobile dealers
    > and avoided the GM and Chrysler bankruptcies."
    >
    > Yes, but now that we have things going right, why stop now at 7:00
    > P.M., eastern time, Monday? Shouldn't we just keep on trucking until
    > Chrysler, Ford, GM and ... (the foreigners) are all whole?
    >
    > The author: "What were we concerned about? Moral Hazard!"
    >
    > No. I was and still am concerned that an American government can
    > point a gun at me, say "your taxes or your freedom" and then take
    > my money and hand it to someone else.
    >
    > Is that moral hazard? You bet. Is that morale hazard?
    >
    > Yes, that too.
    Aug 25 16:29 pm |Rating: 0 0 |Link to Comment
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