| TheRealMafoo said: Here's a thought, and I know... it's crazy... but why not stop bailing out companies that deserve to fail?
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Let busted companies fail? Why, that would be... [drum roll]... un-American!
People laugh when I say USSR 1990 = USA 2009. But I'm not joking. This place is a totally corrupt socialism for the superrich and a nasty, brutish feudalism for the poor. Supposedly there was some capitalism around here at some time or other, but I don't see it.
Let's do the math:
1. Military-industrial complex: hugely wasteful boondoggle for a few well-connected companies, 8% of US economy.
2. Insurance-medical complex: hugely wasteful boondoggle for insurance companies whose business model depends on not giving sick people the care they need, 15% of economy.
3. Speculative-financial-mortgage-sprawl complex: hugely wasteful boondoggle for rentiers, punters, and Bernie Madoff clones, another 15% of economy.
And don't get me started on the idiots who drove the US car industry into the ground, mostly scions of the GM and Ford dynasties with zero entrepreneurial skills.
