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<blockquote data-quote="paidslave" data-source="post: 395195" data-attributes="member: 10762"><p>WkMac: I do get what you are saying. Unfortunately State run programs are needed whether we like it or not. </p><p> </p><p>I don't believe you or I have the money to build Hospitals, Police Departments, Schools, Fire Departments and pay for people to run them for us all to use. Who should fund them? Private business? I sorta grasp on what you are saying If people would step up and build their own goverment agencys we wouldn't have these problems? </p><p> </p><p> </p><p>Here is your FREE ENTERPRISE! </p><p> </p><p><strong>TO all that Believe and blind trust in the private sector!</strong></p><p> </p><p> </p><p>As we all know the Mortgage industry is a private entity. Bunch of scam artists gave loans to people with adjustable rates full knowing their payments will double in a few years but gave them out anyway. These are regular private licenced employees <strong>not government employees</strong>. Like your licensure analogy of a mechanic: Most are <u>LICENCED</u> Loan officers. These licenced brokers ripped off the the public giving out loans to people that couldn't afford them and now Uncle Sam will bail out These <u>Private banks </u>again! So much for what you are preaching about FReee enterprise that I full heartedly believe in! When I bought a house I needed pmi insurance by LAW if you didn't put down 20% and it is a private insurance not the goverment so why does the government have to bail out these people? I'm sure most of these people believe in Capitalism. Who do we call when there is a robbery in progress?</p><p> </p><p> </p><p>Now we are bailing out the people who couldn't afford these houses in the first place and bailing out these <strong>privatized</strong> banks in Billions because real estate is in the tank!</p><p> </p><p> </p><p>WE could go round and round and I believe we are on the same page about privatizing some of the goverment but seriously look at my example how it may not work either and blow up in our face! Bottom line is people will find a way to screw the next person for a profit, government or not!<img src="/community/styles/default/xenforo/smilies/FeltTip/happy2.png" class="smilie" loading="lazy" alt=":happy2:" title="Happy2 :happy2:" data-shortname=":happy2:" /> Should we blame the government when we getted ripped off or the private sector? A totallty Free enterprise means dot.com bust! And last buy not least regarding who will pony up your claim when for these private insurance companies go bankrupt? Remember Katrina and private insurance companys? A few went bankrupt and many still have collected from these private companys!</p><p> </p><p>Good luck to everyone!</p></blockquote><p></p>
[QUOTE="paidslave, post: 395195, member: 10762"] WkMac: I do get what you are saying. Unfortunately State run programs are needed whether we like it or not. I don't believe you or I have the money to build Hospitals, Police Departments, Schools, Fire Departments and pay for people to run them for us all to use. Who should fund them? Private business? I sorta grasp on what you are saying If people would step up and build their own goverment agencys we wouldn't have these problems? Here is your FREE ENTERPRISE! [B]TO all that Believe and blind trust in the private sector![/B] As we all know the Mortgage industry is a private entity. Bunch of scam artists gave loans to people with adjustable rates full knowing their payments will double in a few years but gave them out anyway. These are regular private licenced employees [B]not government employees[/B]. Like your licensure analogy of a mechanic: Most are [U]LICENCED[/U] Loan officers. These licenced brokers ripped off the the public giving out loans to people that couldn't afford them and now Uncle Sam will bail out These [U]Private banks [/U]again! So much for what you are preaching about FReee enterprise that I full heartedly believe in! When I bought a house I needed pmi insurance by LAW if you didn't put down 20% and it is a private insurance not the goverment so why does the government have to bail out these people? I'm sure most of these people believe in Capitalism. Who do we call when there is a robbery in progress? Now we are bailing out the people who couldn't afford these houses in the first place and bailing out these [B]privatized[/B] banks in Billions because real estate is in the tank! WE could go round and round and I believe we are on the same page about privatizing some of the goverment but seriously look at my example how it may not work either and blow up in our face! Bottom line is people will find a way to screw the next person for a profit, government or not!:happy2: Should we blame the government when we getted ripped off or the private sector? A totallty Free enterprise means dot.com bust! And last buy not least regarding who will pony up your claim when for these private insurance companies go bankrupt? Remember Katrina and private insurance companys? A few went bankrupt and many still have collected from these private companys! Good luck to everyone! [/QUOTE]
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