There shouldn't be any Corporate Welfare anywhere. Corporate Taxes should be set at a reasonable rate and Business's make as much money as Free Markets will allow them.
Stiglitz detailed how this surge of deficit-funded cash and wasteful spending has distorted global financial markets, helping create the global credit crunch that this week claimed Bear Stearns.He said the US Federal Reserve's move to rescue Bear Stearns created a dangerous precedent and added to a growing "Moral Hazard" on Wall St that investors can always rely on the US Federal Reserve to bail them out of bad lending and investing decisions.
There shouldn't be any Corporate Welfare anywhere. Corporate Taxes should be set at a reasonable rate and Business's make as much money as Free Markets will allow them.
FRSFreeStateNow 1 year ago
Stiglitz detailed how this surge of deficit-funded cash and wasteful spending has distorted global financial markets, helping create the global credit crunch that this week claimed Bear Stearns.He said the US Federal Reserve's move to rescue Bear Stearns created a dangerous precedent and added to a growing "Moral Hazard" on Wall St that investors can always rely on the US Federal Reserve to bail them out of bad lending and investing decisions.
ofInterestNZ 3 years ago