- Joined
- May 22, 2012
- Messages
- 103,948
- Reaction score
- 66,735
- Location
- Uhland, Texas
- Gender
- Male
- Political Leaning
- Libertarian
What we have here is a failure to communicate. Whether the gov't uses bail-outs, subsidies, low interest (gov't guaranteed) loans, tax "loopholes" or special tax deductions/credits - it is all the SAME thing; the gov't playing with or micro-managing the "private" economy using taxpayer money. When the gov't "invests in" or "stimulates" the economy, it is the taxpayers that take all of the risks, yet largely only the politically connected private entities that reap the rewards (if any). Sure, congress and the president will say that it is "good for the people"; but is it really? The gov't building roads is, in fact, investment for the public good (we the people own it), yet selecting Solyndra, Exxon or Bank of America for special treatment is not "public" investment, it is simply gambling public money, for a "guaranteed" rate of return far too low, for the risk involved, to attract any private investment.
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