Quote:
Originally Posted by LiveDose
Let's meet back here in 20 years and see what the ramifications are from borrowing all this money from China were. In a free market strong and stable companies would have made moves to do naturally what the government is doing artificially.
The difference in posts in this thread is you believe government is the answer and some of us believe the free market and industry are the answer. You have absolutely no idea what would have happened without the government meddling. There is no way to know.
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If we borrowed money from China that was already on the market and part of a reverse trade dept, how is that going to hurt us? Just wondering...
The free market was taking a shit long before bailouts happened or any Gov take over started.
I don't think the Gov is the answer to ALL of our problems, I don't think people believe the Gov is the answer either. But the free market screwed Americans and it "took" the Gov to step in to correct a problem.
Bailout wise... it's the cost of doing business with the Government. You want 1 they take 2, and will charge you 3. If you don't want the Gov involved, keep the free markets in check.
The Gov's job is to protect the people... some feel that's what they just did.