duncanriley.com: Bailouts
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Mike · 11 months agoThe car industry in Australia and probably the US is dying a slow death. Sure it provides some employment, but it is only going to be lost to China and India. Why bother fighting it? Imagine if the government put money into internet startups instead.
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sidharth · 11 months agoAs they have said earlier Citibank is too big to be allowed to fail. We are small fries who dont matter
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Boiarski · 11 months agoWe can spend a trillion saving a few hundred guys who make millions, but it is not acceptable to spend a fraction of that saving a million guys who make one one hundreth of Wall Street wages We can go into enormous debt to protect a few wildly speculative millionaires but an industry that actually makes things, that pays workers for their productivity, just doesn't rate. Some poor schlub who happens to be in a union member and wants a decent wage is unreasonable and greedy but the guy who packaged ARMs and sold absolute crap labled as gold, lets forgive him and make sure he can keep that Ferrarri.
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Derek · 11 months agoWhile watching the local news this evening, I made a comment to my wife that is quite similar to what you have expressed here. Where does the line end with companies expecting a bailout from the government? These certainly are strange times, and unfortunately I have a feeling we are only seeing the tip of the iceberg right now.
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timothy w ware · 11 months agoBail-out monies will never trickle down, give it to the public, as human beings, and it will trickle up, and fix the problem