Bailout only delays the inevitable

[srellim234]

http://www.msnbc.msn.com/id/33...iness

If you're running your business so poorly that you need a gov't bailout, you deserve to go under. If there's a need for a company's presence in the marketplace, another company will step in and fill the void.

In the meantime the companiy officials got richer for their poor job performance and the shareholders, including all those who have money tied up in their 401k programs will get the shaft, but it's the same shaft they would have gotten a year ago.

The gov't should not be trying to bail out corporations. Doesn't matter whether it was the previous administration, the current one or any one in the future.

[audtatious]

+1

[szh]

Agreed ... I was against the bailout last year and remain opposed to it now too: zerothread/370335

Z

[audtatious]

Since the stimulus did so good and it steered the economy away from total collapse, Obama has stated they are working on a new plan to create jobs and a way to fund it....

Stimulus #2? Sure seems to be a stretch saying the first stimulus saved us.

[RobPaulson]

+1 steve, absolutely.

idealistic capitalism ftw.