Wall Street Breakfast: Must-Know News [View article]
Hanson001 said: "The tide is going out and now we see what dollar whores the CEO's are. "
Yes, we didn't realize that prior to yesterday. Years of payoffs in the form of lobbying in exchange for massive government favors might have been a tip-off.
The suggestion that Big Corporation only recently embraced socialism is often heard, but ridiculous. Many U.S. companies are entirely reliant on government $$, and all rely on legislation and regulation that tilts in their favor.
We haven't seen capitalism here for many, many years -- why start complaining now?
Wall Street Breakfast: Must-Know News [View article]
Yes, we didn't realize that prior to yesterday. Years of payoffs in the form of lobbying in exchange for massive government favors might have been a tip-off.
The suggestion that Big Corporation only recently embraced socialism is often heard, but ridiculous. Many U.S. companies are entirely reliant on government $$, and all rely on legislation and regulation that tilts in their favor.
We haven't seen capitalism here for many, many years -- why start complaining now?