The big banks, the big insurance companies and the U.S. Government are just separate departments of the same corporation. These unified multi-billion dollar corporations are already bankrupt! Why do I say this; because they have fallen into the biggest economic…
Tag: engine that drives economy
Wall Street, the Greatest Ponzi Scheme
The U.S. government has no business bailing out these huge corporate entities. It doesn’t matter what country is involved with loaning them money. However, this is the role that the Bush and the Obama administrations played. In a free market system, a business must stand on its own merit or fall. This is what the free market system is all about. Business is about risk and hard work.