Because that’s certainly what it feels like at least from *all* the socialized losses that we seem to be picking up these days. What I want to know is where are the benefits for the majority of Americans? Surely there has to be something more in it for the average person to be picking up over a trillion dollars worth of bad business. At the rate that we are handing out money to corporations I really do hope that someone is going to be held accountable because I find it absolutely unacceptable that there are many executives that have truly made a giant mess of things and yet are still being paid in the millions.
Perhaps I just don’t understand capitalism but I was always under the impression that should you run your business poorly, it will go under and you will “lose your shirt”, but clearly we no longer believe in that. As it is being proven by the fact that we are now bailing out the automakers along with Wall St. Who else are we going to take on as charity cases? I’m just waiting for the next shoe to drop. For all these years we have criticized and absolutely down-played the need for any socialist tendencies, yet now, now we are essentially taking from the poor and giving handouts to the rich who have managed to mismanage their money. (Sure, I know I’m exaggerating a bit but if you really do take an overly simplistic view that is exactly what is going on.)
So I hope that the new administration does not forget that this is not a socialist country. And until the base standard of living can come up to some sort of reasonable standard, such as universal health care and an appropriate minimum wage and appropriate taxes on the wealthy to compensate for such things, I would hope that the government can control themselves as to just how sorry they feel for those poor, poor corporations that have managed to go astray.