Papageorgio
The Ultimate Winner
No, capitalism doesn't bailout, it lets the weak die and the strong survive. We did not do that in 2008 into 2009, we decided to bailout the weak under the erroneous guise of too big to fail.
So we aren't a capitalist system?
Nice to see you still call people names, that worked well for me in 2nd grade as well.
A. It would be nice if you felt the same about the name calling coming from your buddies
B. It wasn't meant as an epithet but rather as a descriptor of your lack of "power" regarding what you would choose to do...
Not when this decision was made, capitalism had ran it course, the auto companies and the banks had made bad business decisions and should have and would have failed without intervention. All we did was give large companies the power to make bad decisions and not face consequences that a small business would face, which would be survive or die. We set a precedent that will haunt us in the upcoming recession.