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socialism for corporations, private profits for corporations
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<blockquote data-quote="BrownArmy" data-source="post: 1536388" data-attributes="member: 18225"><p>Yet, he's correct.</p><p></p><p>It's the same thing (in a different realm) when banks make off like robber barons, but when they screw up, we bail them out.</p><p></p><p>Profit is privatized but risk, up to and including default, is put on the public.</p><p></p><p>I'm amazed at everyone who rails on the welfare kings and queens, perhaps rightfully so, when corporate welfare dwarfs public 'assistance'.</p><p></p><p>YMMV.</p></blockquote><p></p>
[QUOTE="BrownArmy, post: 1536388, member: 18225"] Yet, he's correct. It's the same thing (in a different realm) when banks make off like robber barons, but when they screw up, we bail them out. Profit is privatized but risk, up to and including default, is put on the public. I'm amazed at everyone who rails on the welfare kings and queens, perhaps rightfully so, when corporate welfare dwarfs public 'assistance'. YMMV. [/QUOTE]
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