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Fat Fannie and Freddie Freeloader

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Fat Fannie and Freddie Freeloader

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Old Jul 16th 2008, 1:17 pm
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Default Re: Fat Fannie and Freddie Freeloader

Originally Posted by simongb
Doesn't bailing out corporations go against what the US stands for? We are told all the time by those in the know that 'a free market is the best way to regulate things'. Look at how good it worked for mobile phones and the airline industry (not). I just thought the US was against those 'socialist' ideas of proping up failing companies.
Originally Posted by fatbrit
Under contemporary neocon philosophy, corporations should not be regulated or taxed. But it's quite okay to bail them out. Go figure!

Puzzling isn't it?
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Old Jul 16th 2008, 9:42 pm
  #17  
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Default Re: Fat Fannie and Freddie Freeloader

Originally Posted by Sally Redux
Puzzling isn't it?
Yes, just a little hypocritical, but typical of the US.
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