For the record, do fellow conservatives agree that corporate welfare is wrong?
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11-19-2012, 02:59 AM
Post: #11
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Corporate welfare was purely and the best example of it in history was when two folks named Barnie and Chris worked closely with two other folks called Freddie and Fannie to create such a hybrid junk program called "let's issue $300,000 home loans to $15 hr. people with no income verifications & no escrow backgrounds. How much elementary school intelligence did it take to see what was going to and did happen when those $500 payments converted to original FHA terms and converted to $2500 payments. Well, 7,000,000 million homes went into foreclosure and those previous home owners all vote dem as a thank you..... as you, me and all the financial worth of the nation is used to pay for it from that gift of gab person who is now known as Bailoutbama. The rest is history.
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11-19-2012, 02:59 AM
Post: #12
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1.) It may be true for some, but not for most. (I, being one who doesn't favor corporate welfare).
2.) No, I don't think ANY business is too big to fail. What did we do before those businesses were established if we can't live without them? I personally believe we should've done the TRUE conservative thing and followed the TRUE conservative rulebook and let those businesses fail. Had we done so, we'd be on a very distinguished road to recovery right now and the crooks would be gone. But, here we are, the crooks are still lurking and we're headed right back down the same road we were on when all this happened. People will never learn. A man once defined insanity as doing the same things over and expecting a different result each time. |
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