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Fred Has His Hand Out
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<blockquote data-quote="MrFedEx" data-source="post: 4404959" data-attributes="member: 12508"><p>We hear a lot here about how evil and terrible government is, and how corporations shouldn't get bailouts or handouts. It's fine to give them huge tax breaks and other incentives, but it really should all be left to the magic "Free Market" to sort it all out. Weak companies will fail, and strong ones survive, and it's wrong for Big Government to step-in and assist because it subverts the "magic".</p><p></p><p>Witness the unending scorn heaped upon President Obama for the bailouts during the Great Recession. It's still going on, even as Trump reluctantly goes along with an even bigger prospective bailout. Never mind that Obama probably avoided a second Great Depression.</p><p></p><p>Big GOP businessmen and politicians parrot this load of manure all the time, until it benefits them to cash those government checks. So, let's cut-off everyone from "entitlements", but make sure nobody in Big Business gets hurt too badly. Too big to fail, you know. Your Chairman and founder is one of the biggest of them, BTW.</p><p></p><p>So, the airlines, hotels, and Boeing are going to go under if we don't assist. And who is going to be standing at the very front of the line, yowling the loudest for his part of the payout?</p><p></p><p>Frederick W. Smith.</p></blockquote><p></p>
[QUOTE="MrFedEx, post: 4404959, member: 12508"] We hear a lot here about how evil and terrible government is, and how corporations shouldn't get bailouts or handouts. It's fine to give them huge tax breaks and other incentives, but it really should all be left to the magic "Free Market" to sort it all out. Weak companies will fail, and strong ones survive, and it's wrong for Big Government to step-in and assist because it subverts the "magic". Witness the unending scorn heaped upon President Obama for the bailouts during the Great Recession. It's still going on, even as Trump reluctantly goes along with an even bigger prospective bailout. Never mind that Obama probably avoided a second Great Depression. Big GOP businessmen and politicians parrot this load of manure all the time, until it benefits them to cash those government checks. So, let's cut-off everyone from "entitlements", but make sure nobody in Big Business gets hurt too badly. Too big to fail, you know. Your Chairman and founder is one of the biggest of them, BTW. So, the airlines, hotels, and Boeing are going to go under if we don't assist. And who is going to be standing at the very front of the line, yowling the loudest for his part of the payout? Frederick W. Smith. [/QUOTE]
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