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carey_jim's
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Past experience with socialism (e.g. nationalizing banks) proves that corruption and graft merely change hats and the commissars and their relatives and friends get the money instead of the capitalists.
Sep 29 19:11 pm
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All Comments by carey_jim »Can Capitalism Survive Its Latest Entanglement With Socialism? [View article]
The banking system hasn't fallen apart: Let the healthy banks and brokerage houses who played by the old rules of capitalism pick up the pieces, and let the miscreants, cheaters and incompetents fail.
Hank Paulsen was the CEO of Goldman Sachs. He is trying (and knows very well HOW to) save his buddies in the industry. They don't need saving any more than commissars should be saved from prison after being caught siphoning money from a nationalized bank.
"O Ye of little faith."