Quotes About Bailouts

So you don't think the government is responsible for anything?" "Oh, it's responsible," Rafferty says. "It's responsible for the sloppiness and imprecision of the War on Terror, for example. It's responsible for taking people's tax dollars and spending the country into debt on useless wars and pointless pork projects to buy votes. It's responsible for bailing out the banks instead of standing up for the people the banks cheated. It's responsible for plenty,

During the financial crisis and bailouts of 2008, it probably occurred to very few average people that we were entering a period of hardship for billionaires.

In the meantime, powerful industries and business investors spend considerable sums of money in secretive lobbying; persuading, cajoling and needling politicians to pursue policies that are, in effect, corporate welfare programmes. Corporations and banks receive huge public subsidies and bailouts, while the rest of us are largely left to the cold biting winds of 'market' economics. It's socialism for the rich, and capitalism for the rest of us.

While headlines are being generated about the Democrat mindset of nationalizing private businesses and bailing out failed ventures, we seem to be ignoring one of the most massive bail-outs ever: the taxpayer-funded process of transitioning people from analog to digital television.

The fact is, if our primary legislative goals are to repeal and replace the health spending bill to end the bailouts cut spending and shrink the size and scope of government, the only way to do all these things it is to put someone in the White House who won't veto any of these things.

Bailouts of insolvent agents cannot restore economic health any more than two sober friends make a drunk friend sober by standing him upright: socializing unsustainable private debts often leads to unsustainable public debts.