http://www.therealestatebloggers.com/2009/03/29/risky-loans-and-ponzi-schemes/ Real Estate Blog, Mortgage, and Development News Sun, 21 Mar 2010 17:00:51 +0000 http://wordpress.org/?v=2.9.1 hourly 1 http://www.therealestatebloggers.com/2009/03/29/risky-loans-and-ponzi-schemes/comment-page-1/#comment-363053 Ivan Crago Missoula Realtor Mon, 30 Mar 2009 19:37:40 +0000 http://www.therealestatebloggers.com/2009/03/29/risky-loans-and-ponzi-schemes/#comment-363053 I think the free market business model works just fine, large bloated behemoth companies that fall behind in efficiancy and innovation fall and go under, and the fresh new conpany springs up in its place, hiring the brightest and cream of the crop from available choices. This keeps business competitive and brings out the best. By giving billions in bailout tax money to failing companies, we are actually delaying recovery of the economy because they are not going to use the money to become competitive, just line their pockets. I think the free market business model works just fine, large bloated behemoth companies that fall behind in efficiancy and innovation fall and go under, and the fresh new conpany springs up in its place, hiring the brightest and cream of the crop from available choices. This keeps business competitive and brings out the best. By giving billions in bailout tax money to failing companies, we are actually delaying recovery of the economy because they are not going to use the money to become competitive, just line their pockets.

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