Saturday, December 8, 2012

No To Bailouts

And this is how the market is supposed to work... successful companies with a sounder foundation come in and buy up a failed company's assets at fair market price. You don't simply let a failed company restart with a shaky foundation by stealing taxpayers' money to bail it out... That's bad economics and bad morality.

http://www.bloomberg.com/news/2012-12-08/apple-joins-google-in-500-million-plus-bid-for-kodak-patents.html


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