3/7/09

Is the government penalizing well run businessesby rewarding poorly managed firmswith taxpayer money?





The ultimate result of shielding men from the effects of folly


 is to fill the world with fools


 


Herbert Spencer


Coined the phrase “Survival of the fittest”


 


If the government selectively subsidizes some business


are those looking to purchase homes, cars and energy


obliged to pay higher prices and taxes to fund the subsidies?


 


Did some economic and political leaders


bail themselves out of mistakes


with trillions of debt and newly created money


handed down to the unaware of following generations?


 


We have in many ways humiliated ourselves as a nation


with some of the problems that have taken place here


 


Henry Paulson


 



Naked Capitalism, Willem Buiter


The Wall Street Journal, Calculated Risk, Bloomberg, Bloomberg, Big Picture , Felix Salmon

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