S
Stan Darsh
Guest
is it all about maximising capital?
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why do republican Americans believe government should be kept separate from business?
D
DAR
Guest
It is about property rights. Did the shareholders of GM buy into the government getting a controlling share to drive their company into the ground worse than a bankruptcy would have done initially?
It is about freedom and an even playing field for businesses not deemed 'too big to fail'. It is about forstalling fascism with the government controlling your livelihood and services as well. At what point do YOU recognize loss of independence?
They should have been allowed to fail. The goverment should not have stolen our money to prop up, ineffectually, business that took its risks and made its profits.
It is about freedom and an even playing field for businesses not deemed 'too big to fail'. It is about forstalling fascism with the government controlling your livelihood and services as well. At what point do YOU recognize loss of independence?
They should have been allowed to fail. The goverment should not have stolen our money to prop up, ineffectually, business that took its risks and made its profits.
C
Call Me Bwana
Guest
There's this little old thing called the Constitution. You might have heard of it. It basically says that any power not specifically authorized to the federal government in the Constitution, belongs to the states or the people.
There is no specific Constitutional authorization for the government to become involved in private business.
Ergo, they have no authority to do so.
Yes, I am aware that Democrats and some Republicans do not care about the Constitution, but that does not mean it is not the law of the land. Many of us still support it.
There is no specific Constitutional authorization for the government to become involved in private business.
Ergo, they have no authority to do so.
Yes, I am aware that Democrats and some Republicans do not care about the Constitution, but that does not mean it is not the law of the land. Many of us still support it.
R
roger s
Guest
Serioulsy??? Are you that economically challenged to understand the fundamental differences? How many of our elected officials have successfully ran a multi million/billion dollar business? Running a business is about effectivley managing your cost of goods, HR capital expenditures, supply chain effiiciencies, and to continuously do this process as in today's age the customer determines margins I.E. price. Hence free market economics.
Government is inefficient, gluttonous with expenses/spending, running massive debts, poor at projecting incoming revenue with outgoing spending, acts as the board of directors and owner (ousting of Wagoner), invest money in operations that drag down the economy (UHC, GM, Chrysler, et all), issues checks to themselves to issue/print more capital, etc. etc. etc.
If I am a company and I can buy my own debt, how frickin' sweet would that be. My bad, remember Enron, Worldcom, etc.
Read Milton Firedman's "Capitalism and Freedom"
Conclusion
The conclusion to the book centers on how, time and time again, government intervention often has an effect opposite of that intended. Most good things in the United States and the world come from the free market, not the government, and they will continue to do so. The government, despite its good intentions, should stay out of areas where it does not need to be.
Government is inefficient, gluttonous with expenses/spending, running massive debts, poor at projecting incoming revenue with outgoing spending, acts as the board of directors and owner (ousting of Wagoner), invest money in operations that drag down the economy (UHC, GM, Chrysler, et all), issues checks to themselves to issue/print more capital, etc. etc. etc.
If I am a company and I can buy my own debt, how frickin' sweet would that be. My bad, remember Enron, Worldcom, etc.
Read Milton Firedman's "Capitalism and Freedom"
Conclusion
The conclusion to the book centers on how, time and time again, government intervention often has an effect opposite of that intended. Most good things in the United States and the world come from the free market, not the government, and they will continue to do so. The government, despite its good intentions, should stay out of areas where it does not need to be.
Because we look at the examples of government run industires in other countries.
The big problem with government run companies is that politics tends to over-rule sound business decisions. These companies tend to hemmorage money and require constant government subsities to remain in business.
Look at it this way - if the government takes over an auto company the government will force that company to make the cars they think the American people should drive instead of the cars the American people want to buy.
The big problem with government run companies is that politics tends to over-rule sound business decisions. These companies tend to hemmorage money and require constant government subsities to remain in business.
Look at it this way - if the government takes over an auto company the government will force that company to make the cars they think the American people should drive instead of the cars the American people want to buy.