posted on Mar, 26 2010 @ 02:28 PM
reply to post by harvib
Free enterprise needs to work unfettered to work properly.
As the economy began to fail in 2009 and profits began to fall the government moved to slow bankruptcys (for tax payers) to keep profits up.
As more people lost their jobs credit card companys changed their terms and interest rates, even for those who made their payments on time . The
government did step in to regulate (a little) and made sure the credit card companys had time to increase their profits before regulations kicked
Forclosures were on the rise, banks are in business to loan money, it's not their fault the economy was failing and their lending practices were a
Then came the bailout and just before the Nov. election, G.W. Bush ushered in The Bank Bailout to save the country from ruin. Oh , unemployed
americans were thrown a bone just before Christmas (to lift saging sales) with an unemployment extension.
And now in 2010 after the bailout (and the bonuses) the banks get to write off their losses and get a tax refund check( banks will get 12 BILLION in
refunds) but the unemployed will not get another extention. Where should the money come from? Tax payers shouldn't have to pay for those who are
bleeding the system. Why Ken Delay said the unemployed don't really want to work till their benefits run out.
The common man/ woman live beyond their means, they are materialistic and disposalable society.
America has the largest prison populations in the world.
What does that say about us as a people?
People can be replaced !
The common man are useless eaters or cannon fodder.
Business must continue to grow and prosper without any controls.
Profits are #1!