by Jim in a Nautilus COAT on March 10th, 2009

Jim in a Nautilus COAT

Question

Help answer this question below.

The banks that got bailouts were deemed "too big to fail." Shouldn't we set up rules so no corporation can get too big to fail?

  • Like
  • Report

Answers. Showing one answer.

  • That would be market intervention and is a bad, bad thing.
    Just think. Those banks have worked long and hard to get where they are. Why should you punish them for success?
    Think of it this way. You have worked solidly for several months finishing a painting. As soon as you have finished it is deemed "Too good" and burned. How would you feel?

    Comments
    • If they have worked so long and hard and are such a success, why have they come to us for money?

      JimmyG

      by JimmyG on March 11th, 2009

    • So they can continue being successful.

    • Let them do it on their own dime without wrecking the economy in the process.

      JimmyG

      by JimmyG on March 12th, 2009

    • On second thoughts, a true free market would be free from government handouts too. Iff the gvt did not issue subsidies the market would be free, but small industries like farming would suffer.

    • I made a mess of my painting. But it is so ugly (and made with toxic paint) it is going to harm the community unless the neighbors all pay me "bailout" money to paint it over.

      purplecows

      by purplecows on December 19th, 2011

Want to attach an image to your answer? Click here.

Did this answer your question? If not, then ask a new question or create a poll.

You're reading The banks that got bailouts were deemed "too big to fail." Shouldn't we set up rules so no corporation can get too big to fail?

Follow us on Facebook!

Related Ads