Quote:
Originally Posted by u-Bob
You mentioned bailouts. Do you think it's fair or productive that people who run their business in inefficient manner get rewarded by a government that transfers the costs of those mistakes onto the public?
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i refuse to see the world as black and white as you do. under some circumstances i would say no, under other circumstances i would say yes.
Opel and Schlecker are 2 great examples in Germany at the moment.
GM screws up Opel and eventually without government intervention you will have 20-30.000 unemployed people from one day to the other in one city. The effect would be devastating - for the employees, the city in general, local businesses and lastly the government who has to pay unemployement benefits.
Schlecker went bankrupt with 11,000 people, but they are all over Germany. And the chances of finding new jobs are pretty good for them. Should the government intervene here? No.
i dont see the government as my enemy. as idiots sometimes, but i am not paranoid and think they're after me trying to steal from me.