Why do Republicans promote privatization of Profits, but the Socialization of Loss for big Business?
I agree that both parties do that yes.
I am just focused on Republicans because the Republican Candidates I support like Ron Paul, and Bob Dole are treated poorly by their base.
Tags: Socialization, privatization, promote, loss, BusinessRelated posts:
- How big a loss is 32% in third-quarter profits from a bank, such as with Bank of America now?
- Why did the Republicans block the Dems’ iniative for windfall taxes on Big Oil companies profits?
- Why is John McCain trying so very hard to protect big oil profits from loss at tax time?
- Why do the Republicans say it’s wrong to tax windfall profits of big oil companies but ??
- How many more “Why are republicans opposed to taking windfall profits from BIG OIL” questions will be asked?
Both parties favor that.
You do realize that the companies are legally obliged to pay the government back in interest, right?
That’s what Obama does.
He doesn’t want to redistribute the $5 million he earned last year.
Republicans voted against the bailouts, Democrats voted for it.
They don’t. An example of this would be Fannie and Freddie, which are Democrat goldmines.
Wow. We agree on something.
Except the dems are in bed with big business as well.
We have socialism for the poor and socialism for the uber-rich.
Small business and the middle class gets it in the @ss.
Watch Generation Zero
Both parties do this.
Really ?
I seem to remember the republicans in Congress voting against the bailouts
They wanted to let Wall Street, GM and Crysler fail
It was the democrats who wanted to save their wall street and auto buddies.
Welfare for the rich - Yes ! Ca-ching!
I don’t know what privatization of Profits means.
I am in favor of privatizing government services.
Private security companies
Private Fire Protection companies
Private parcel/mail delivery companies
Private roads
Private schools
Private hospitals
Private transit
All perform better, cost less and produce more.