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Old 10-19-2011, 09:26 PM   #330
freedogger
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Quote:
Originally Posted by Freedogger
On Bailouts of banks and car companies - if you require a public bailout, then your executive should be compensated going forward to the same level as a public servant. I don't care if you paid it back, that is like a gambler saying, look, I'm up now and I don't need you anymore. The banks in the US were bailed out in 1983 by Reagan, and look, here we are again. Without the bailouts these companies would have failed. Instead, last year they get record bonuses. This isn't capitalism, its the definition of fascism.
Quote:
Originally Posted by CaptainCrunch View Post
It would be nice to actually know what fascism is before you start throwing the word around.
Right, I meant to say corporatism, or socialism for the corporations and capitalism for the middle class.
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