Quote Originally Posted by Spartiate View Post
In defense of bailouts... If you let those big companies go down, millions of jobs are lost. Those jobs are usually lost forever to companies outside the country before new local companies can fill the void. Restructuring a company is generally a better option than starting again from scratch.
In defense of a sound economy...If you let those big companies go down, incompetent managers and businessmen go *poof.* Yes, jobs are lost temporarily, but they may go outside the country because labor/business may be cheaper or more efficient there. It is either the fault of the businessman for running a business into the ground or the government for running businesses into the ground. In most cases, the blame lies with the latter.

Stealing people's money via taxes to prop-up companies and delay market corrections due to a vested corporatist interest by the government is generally harmful and unethical.