Monday, August 8, 2011

Is the Bank of America buyout of Merrill Lynch really a government bailout in disguise?

What you see now is just standard practice for the U.S. "capitalist" government in a" free market". Only the profits are capitalised, the minute there are losses to be made then the U.S. administration suddenly gets all socialist about them and decides it is society as a whole that should share the burden.

No comments:

Post a Comment