On 21/02/2010 6:52 PM, bpuharic wrote:
On Sun, 21 Feb 2010 18:46:14 -0700,
wrote:

On 21/02/2010 4:55 PM, bpuharic wrote:
On Sun, 21 Feb 2010 16:29:13 -0700,
wrote:

ROFLMAO!! hey genius...that's EXACTLY my point. you guys who have more
faith in the free market than a saint has in christ kinda forget about
the FAILURES in the market

Free markets kill dog companies and replace them with producers all the
time.

which means the market doesnt eliminate inefficiency since a certain
number of companies will go bankrupt every year, right?

Nope, just the losers. The ones that drag the system down. Money and
growth go to those producting something people want.

Unlike government that tosses billions at them hoping for someone to
wake up.

you think companies dont do this?

Not for long, they tend to disappear and die.

Companies live and die as they are needed. Highly efficient, no waste.
But when government gets involved they have to suck the wealth out of
people to prop us a loster like GM or various banks.

When government interferes it is bad because a loser lives to reduce the
wealth for no value to society. Creating a welfare company that
ultimately reduces jobs as people supporting the dead weight have less
to spend.

Say each working Amrican/Canadian is kicking in say $1000 to GM, which
is actually abou right. Then that $1000 does not go into their
community to employ people.

Between taxation reduction of wealth and instability perception of the
markets, the US suffers a hidden but real job loss because of bailouts.
From a society view, government cannot create wealth, they can only
expropriate it (taxes) and inefficiently redistribute it. The losses
are then disproportial to the market and inefficiencies are born.

Sorry, Obama is screwing all Americans for CAW and Banks.