Monday, September 29, 2008

Main st bail out wall st.

This has been quite a hot topic for all the coffee discussions and mail forums for the past few weeks. Should the govt pay $700 billion of tax payer's money to save wall st fat asses and purportedly avoid collateral damage to home owners, common people with debt etc. My view is clear although it doesn't matter is "what is your underlying principle - Socialism or Capitalism?" If US of A is the symbol of free market and capitalism then it should follow that whatever happens and not react to panic big problem. If not then adopt socialism as your principle and don't bitch about chinese and marxism. Below links are other "expert" opinions on the same subject.

http://seattletimes.nwsource.com/html/opinion/2008198671_dionne24.html

http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=75637

No comments: