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If the people are going to pay, then the people should own

Tue, 09/30/2008 - 8:54pm — lambert

That's how they do thing in Europe.

Of course, in the United States, things are different:

The people pay, and the leaders steal.

Yes, it really is that simple.

NOTE Headline and link from dimik7 at the Agonist.

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Ewww. Europe.

By Damon on Tue, 09/30/2008 - 9:10pm

What is that? Like, France? No, thank you.*/snark*

But, seriously, it seems that Americans are ready for this, now. If we are to be forced to play the game, we want to play for keepsies.

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But, we've always been at war with Eastasia...

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I like the firing the management part a lot

By Valhalla on Tue, 09/30/2008 - 11:26pm

"Some [European] banks will fail, but there won’t be a Paulson plan for Europe,” he adds. In the US, the taxpayer bears a significant portion of the risk. “Nationalization means we give you money, but we take the power. We fire the management, and when the situation gets better we sell the assets and the government makes a profit on some assets."

These are the rules everyone else has to play by. If I massively screw up at work, I don't get a gigantic bonus for it.

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You don’t know me, son. So let me explain this to you once: If I ever kill you, you’ll be awake, you’ll be facing me, and you’ll be armed.
-Malcolm Reynolds, “Serenity”

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