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That Guy · 03-01-2014, 03:50 PM

US military families are also large users of food stamps... damn moochers.

here's an example of bad policy/corporations acting in their own interests vs. the public good:

the housing market tanked due to banks giving people bad loans that they knew couldn't be paid and then betting against them or reselling those loans as AAA investments. surprisingly, the house of cards falls down and the banks get scared and stop lending.

in order to encourage banks to lend money to keep the economy going, the gov drops the overnight rate to 0% while explaining that they're doing so so that the banks will be able to continue to lend money for home purchases etc.

the banks basically stop loaning money anyways and instead take that 0% interest rate and use it to invest in 3% government treasury bonds, to the tune of 70 billion dollars in profits straight from taxpayers into their wallets .

it's a shame we reward bad behavior with free money.

there are other examples, like how do you expect people to compete with walmart when walmart gets up to $30million in free benefits when they open a new store (free land, free energy, sometimes the store is built for them for free too).

there's a reason monopolies are bad and that you need fair competition. otherwise the big guy can act badly and get away with it, because there simply isn't a viable replacement in line.

03-01-2014, 03:50 PM	#11
That Guy Living Legend Join Date: Jun 2004 Location: VA Age: 43 Posts: 17,620	Re: Pics For Sharing & Debating US military families are also large users of food stamps... damn moochers. here's an example of bad policy/corporations acting in their own interests vs. the public good: the housing market tanked due to banks giving people bad loans that they knew couldn't be paid and then betting against them or reselling those loans as AAA investments. surprisingly, the house of cards falls down and the banks get scared and stop lending. in order to encourage banks to lend money to keep the economy going, the gov drops the overnight rate to 0% while explaining that they're doing so so that the banks will be able to continue to lend money for home purchases etc. the banks basically stop loaning money anyways and instead take that 0% interest rate and use it to invest in 3% government treasury bonds, to the tune of 70 billion dollars in profits straight from taxpayers into their wallets . it's a shame we reward bad behavior with free money. there are other examples, like how do you expect people to compete with walmart when walmart gets up to $30million in free benefits when they open a new store (free land, free energy, sometimes the store is built for them for free too). there's a reason monopolies are bad and that you need fair competition. otherwise the big guy can act badly and get away with it, because there simply isn't a viable replacement in line.