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Should the government intervene with the free market and save failing businesses?

Assassin~ Badass Buzz Guru 2012/05/30 02:50:17
Related Topics: Free, Government
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  • TuringsChild 2012/05/30 03:40:43
    No
    TuringsChild
    +6
    NOOOOOooooooo!!!!!!!!
    That's the kind of idiocy that put us 16 TRILLION dollars in debt!
    NO ONE is 'too big to fail'. Not even the Federal Government.

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  • S. Gompers 2012/05/31 09:06:00
    No
    S. Gompers
    +1
    I have always been against the privatization of profits while socializing the losses. If business had to sink or swim I think you would see less risk.
  • tommyg - POTL- PWCM-JLA 2012/05/31 00:37:00
    No
    tommyg - POTL- PWCM-JLA
    +1
    Absolutely not!
  • sick'n'tired PWCM 2012/05/31 00:11:23
    No
    sick'n'tired PWCM
    +2
    Bad ideas and poor business practices do not need to be rewarded.
  • 4dc 2012/05/30 23:55:47
  • Sue 2012/05/30 20:00:46
    No
    Sue
    +2
    Maybe they should let the people who run successful businesses run the government......
  • Informed Voter 2012/05/30 19:52:45
    No
    Informed Voter
    +2
    Article I, Sec 8 states that government's function is to regulate commerce...

    NOT participate in the commerce it regulates.
  • Iamfree 2012/05/30 19:12:05
    No
    Iamfree
    +2
    The government should not rescue a failing business. There are two problems with doing so. First, unless major structural changes are made in the business, rescuing it is just postponing the inevitable. Second, please explain what section of the constitution gives the government the authority to confiscate my resources to prop up someone else's failing business?
  • cellophane 2012/05/30 19:08:44
    No
    cellophane
    +2
    Never.
  • Reggie☮ 2012/05/30 18:38:48
    No
    Reggie☮
    +2
    No, the weak will fail and the strong will survive.
  • none 2012/05/30 17:07:43
    No
    none
    +1
    Washington is a mess, the fools can't even pass a budget so there's no way I'd trust them to intervene in the free market to try to make things better. Remember 'Cash for Clunkers', they couldn't even run a used car business without it costing five times what they thought it would. The government could fu*k up a wet dream.
  • D D 2012/05/30 15:24:23
    No
    D D
    +1
    Absolutely not!!
  • IronOx 2012/05/30 15:23:35
    No
    IronOx
    +1
    If a company is run correctly it will survive or adapt to the business climate.

    Small business employees somewhere between 30 and 40 percent of the American workforce, do they get bailout money too? Yeah, didn't think so.
  • Reichstolz 2012/05/30 13:49:15
    No
    Reichstolz
    +1
    Government has proven throughout its history it is not educated enough to perform effectively in the market.
  • MW121 2012/05/30 13:45:59
    No
    MW121
    +2
    Absolutely not.. We should have let the banks fall, gm fall and every other company fall, file bankruptcy restructure and start again.. It's ridiculous we wasted so much money saving these companies..
  • JL 2012/05/30 12:55:48
    No
    JL
    +2
    LET THE GOVERNMENT DO WHAT THE CONSTITUTION GIVES THEM THE AUTHORITY TO DO...STAY OUT OF THE REST!
  • Freeranger 2012/05/30 12:16:57
    No
    Freeranger
    +4
    Absolutely not. Government needs to stay out of private enterprise.
  • Sodahead Founders are Fascists 2012/05/30 11:26:50
    Yes
    Sodahead Founders are Fascists
    Companies of critical systemic importance must be preserved, and I am not a fan of banks or large corporations.
    But letting the economy plunge into a depression and collapse just for the sake of the "free market" is willfully irresponsible at best, and downright criminal at worst.
  • cellophane Sodahea... 2012/05/30 19:25:46
    cellophane
    Our entire country is going down the tubes financially in part because of the 2008 bailouts. We continue to borrow money that we can't afford to pay the interest on - much less repay the principal.

    If those businesses had been allowed to fail, other businesses would have sprung up in their places, and we would have had a chance for recovery. As it is, we're stuck with the same old sick corporations conducting business in the same old sick way.

    I am certain that because of the 2008 bailouts (among other fiscal irresponsibilities), instead of having a year or two of depression and recovery, we're going to see a total economic collapse within the next couple years that will require decades to recover from - even without considering the likelihood of the entire society plunging into chaos, if not into civil war.
  • Lefty 2012/05/30 11:26:09 (edited)
    Yes
    Lefty
    I believe it has too, to avoid monpoly price gouging of the public. Oops, didn't see the rest of the question. No they shouldn't save failing businesses. One question, who pays in a bankrupcy? We the tax payer?
  • Patric 2012/05/30 10:03:43
    No
    Patric
    +3
    free enterprise, free of gov't intervention ...

    the gov't is broke, $ 15 ,000,000 in debt , and obomma thinks he knows how to run a business ?

    from obomma's track history , the thing he knows is how to bankrupt a business.

    gov't out of private business. obomma out of the White House...
  • cellophane Patric 2012/05/30 19:28:23
    cellophane
    Ummm.....the government was broke before Obama took over.
  • Sue cellophane 2012/05/30 20:13:35
    Sue
    Not as broke as it is since he took over!
  • cellophane Sue 2012/05/30 20:37:54
    cellophane
    But when was the bailout first needed? Who recommended the bailout to Obama? It was Bush and Bernanke that recommended the bailout to Obama. The country was already in crisis under Bush, large firms were on the verge of bankruptcy, the stock market was spiraling, jobs were being lost by the bucketfuls - yet you blame Obama for the country's being broke?!?!

    From your prior comment:
    >>>from obomma's track history , the thing he knows is how to bankrupt a business.<<<

    Obama PREVENTED the bankruptcies of many businesses through federal bailouts of corporations - businesses that in my opinion SHOULD have been allowed to go bankrupt. I fail to see how Obama can be accused of bankrupting businesses.
  • Sue cellophane 2012/05/30 20:50:34
    Sue
    I did not make the comment about obamas track history.
    The banking crisis happened because the liberal democrats before Bush kept making it easy for people who could not afford big mortgages to get them. I blame Obama for spending money like a kid in a candystore.
  • cellophane Sue 2012/05/30 22:05:27
    cellophane
    Damn! I usually check out so carefully who I'm replying to. My apologies.

    >>>The banking crisis happened because the liberal democrats before Bush kept making it easy for people who could not afford big mortgages to get them.<<<

    That's partially true. But it was the stupidity of those investing in the derivatives market during the Bush administration that caused such a huge escalation in financial difficulties. It was Alan Greenspan who used his great influence with Congress and poo-poohed Brooksley Born's warnings about the derivatives market that turned a financial fiasco into a leveraged nightmare!
  • Patric cellophane 2012/05/31 09:59:42
    Patric
    in debt up to our necks ,yes we were

    and in 3 1/2 short years , we have gotten in over our head.

    some thing about , you are either part of the solution or part of the problem..

    obomma is part of the problem , IMO ,, and hope we can change this in Nov 2012...
  • cellophane Patric 2012/05/31 13:57:53
    cellophane
    Allow me to play devil's advocate for a moment.

    This is a chart of federal spending growth for each presidential term since Reagan.

    play devils advocate chart federal spending growth presidential term reagan

    Don't get me wrong - I answered a similar chart before. I argued that Obama is not helping matters at all. BUT - it's important to know that while he isn't improving the situation, you can't pin all the blame for our shortfalls solely on him! Our presidents have a long history that has placed us in this mess - it's going to take someone with guts to get us out of it. Obama don't have 'em!
  • Ryoka∞Boy 2012/05/30 09:23:29
  • MorbidCynic 2012/05/30 07:47:25
    No
    MorbidCynic
    That's called corporatism.
  • mk, Smartass Oracle 2012/05/30 06:24:08
  • Denny 2012/05/30 06:13:45
    No
    Denny
    +1
    Why do you want to waste time by letting someone keep his job for 6 months when that company could pull the plug and find something can hire more people. Whenever the government, not even counting Obummer and types like Solyndra, gets involved it makes the pain worse on the whole economy. If it wasn't for WW2 we would still be in the damn Depression.
  • Dagon 2012/05/30 05:00:34
  • TuringsChild 2012/05/30 03:40:43
    No
    TuringsChild
    +6
    NOOOOOooooooo!!!!!!!!
    That's the kind of idiocy that put us 16 TRILLION dollars in debt!
    NO ONE is 'too big to fail'. Not even the Federal Government.
  • D D Turings... 2012/05/30 15:23:14
    D D
    +2
    That too big to fail is no good. I have friends that think that way. All that is going on right now is delaying the inevitable economic collapse.
  • rknothead 2012/05/30 03:37:09
    No
    rknothead
    +3
    they (govt) tried to run the Mustang Ranch in NV...they couldn't make it work...and if you can't make it work selling sex and booze, you better stay out of business.
  • Kat ♪.BTO-t-BCRA-F~PWCM~ 2012/05/30 03:36:37
    No
    Kat ♪.BTO-t-BCRA-F~PWCM~
    +4
    If the government would quit screwing businesses there wouldn't be as many failures.
  • beach bum 2012/05/30 03:36:07
    Yes
    beach bum
    yes
  • rocat 2012/05/30 03:35:41
    No
    rocat
    +3
    simple-
  • zbacku 2012/05/30 03:20:37
    No
    zbacku
    +5
    It's not a 'Free Market' if the Government gets in the way.
  • Temlakos~POTL~PWCM~JLA~☆ 2012/05/30 02:56:31
    No
    Temlakos~POTL~PWCM~JLA~☆
    +6
    There's been too much intervention as it is. It's time to stop it.

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