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 Politics

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17. Marzo 2009, 00:21:52
Vikings 
Argomento: Re: As our PM and Gov say.. why should failure be rewarded?
Artful Dodger: I somewhat disagree, first of all these banks were forced to make bad loans and then were forced to take bailout money, they were given the money no strings attached, the government wanted them to make more loans but instead they wisely invested it, just like most people would do with a windfall.
secondly, They are being demonized for doing exactly what the government does, frivolously spending money, when the government does it, it does nothing for the economy (ie. wasted fuel for nancy peloci's private plane rides home every weekend), when the banks do it, it puts money back into the economy(ie, buying jets that create jobs)
until the government stops wasting money, I won't complain how corporations spend money

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