Too big to fail, too big to be privately owned

More at http://therealnews.com/t/index.php?option=com_content&task=view&id=102 Wolff Pt.2: Auto industry affects the whole society, it's too significant for private ownership

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• hybrid
• car
• economy
• recession

[Cyberbeem]

TOO BIG TO FAIL OR TOO SMALL TO SURVIVE?

U know, what goes up must come down. I say let every big gigantic fuck dive nose down so we can start collecting pieces and put them on the right place!!

[Bacchusism]

Fascism or revolution, you decide. The U.S. is going to fall apart. If you bail out the banks and nationalize all of the major industries you still have to substantially raise taxes. If you let them all fail, as he said you would have a massive depression, and increase in taxes, devaluation of the currency etc. So fucked if you do, fucked if you don't. No matter how many windmills they build and how many times the hopeless consumer slaves scream Obama this place is going to burn.

[DarthConnis9999]

@jwberrie If tax rates are at "all time lows", then how could the government be so damned big?

[DarthConnis9999]

@jwberrie Well, that's what a free market is for. In a free market, there are plenty of providers, and it's highly unlikely that all of them are too expensive. Wouldn't a provider go out of business if its prices were too high? No, they want to maximize the number of customers.

[jwberrie]

@DarthConnis9999 Tax rates have shrunk since Eisenhauer's administration when some high earners could be taxed at 90%. At this time tax rates are at historical lows.

[DarthConnis9999]

@jwberrie What, working really hard?

[DarthConnis9999]

@jwberrie No, "bud", I think it was the tax system that's been growing steadily for a lot longer than since 2000.

[jwberrie]

@DarthConnis9999 That however is only if you want to create wealth for someone else.

[jwberrie]

@DarthConnis9999 Never mind that it was all this Darwinism in the market during the eight years of the Bush administration that brought the economy to this point, eh bud?

[jwberrie]

@DarthConnis9999 Not their fault. I'm sure they would prefer to pay only a tiny amount but they have to pay what the provider demands. Therefore it's the health care provider's fault that health care costs are so high.

[jwberrie]

@fletchkoffner I took courses in college comparable to this mythical basic world history class you mention (not sure exactly why you capitalized this) but I learned no such thing. Did you hear this at Liberty University?

[DarthConnis9999]

@dianarose13 Those high health care cost problems are their own fault. It's their own responsibility to find adequate health care, since the health care is all about their own health.