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Jesse
I was watching Spongebob and decided to have a little snack. As I inserted my poptart into the toaster it quickly got up and took the toaster with him or her. What should I do?
Answer
I hate when that happens. I finally had to give up PopTarts after losing 3 toasters (one was a 4-slice, that really hurt). You'll never get it back, they're stripped & sold for parts or smuggled into Canada where the RCMP use them for target practice.
I hate when that happens. I finally had to give up PopTarts after losing 3 toasters (one was a 4-slice, that really hurt). You'll never get it back, they're stripped & sold for parts or smuggled into Canada where the RCMP use them for target practice.
What is giving money to badly run companies and penalising the well run companies by giving them nothing about?
nipples ko
is it proping up failing companies so they can continue to fail?
isnt capitalism about poorly run companies disapearing and well run companies taking their business? survival of the fittest?
when will well run companies that dont get bail outs start going broke because they cant compete with porly run companies that operate on government charity and pay bonuses and give free maseratis to bad managers?
what the heck is going on? first the wmd lies and wars, now this?
Answer
Richard Branson, the owner of Virgin Atlantic and various other businesses, recently visited Canada and praised their banking system for having been responsible in its more cautious approach to investments. It has left the Canadian economy in much better shape than in the US (though the US Auto industry and the drop in oil demand are having an effect there) - the banks in the US should have been allowed to sink.
A system based on loaning money you don't have to people who can't possibly pay it back is foolishness. Bailing that system out is equally foolish and places the burden on everyone else. What have the bank mangers learned? They learned that it does not matter what they do, they will still be rich and the "government" will bail them out if it goes worng.
Watch for increasing inflation and incresed taxes that will last for generations.
Richard Branson, the owner of Virgin Atlantic and various other businesses, recently visited Canada and praised their banking system for having been responsible in its more cautious approach to investments. It has left the Canadian economy in much better shape than in the US (though the US Auto industry and the drop in oil demand are having an effect there) - the banks in the US should have been allowed to sink.
A system based on loaning money you don't have to people who can't possibly pay it back is foolishness. Bailing that system out is equally foolish and places the burden on everyone else. What have the bank mangers learned? They learned that it does not matter what they do, they will still be rich and the "government" will bail them out if it goes worng.
Watch for increasing inflation and incresed taxes that will last for generations.
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