Wednesday, March 31, 2010

Persecution of Big Businesses


Bullshit. Without Government aid Goldman would have still survived. So long as there are companies in this world there will be companies looking to Merge and raise capital. Goldman is the best Investment Banking company in the business, like hell they would have failed without the Government. You don't have to take my word for it Warren Buffet sank $5 Billion into it before the Government offered it's bail out money and Buffet is the greatest Investor in history (Buffet's number one rule: Don't lose money, number two rule: don't forget rule number one). And don't give me that "Well he only invested in it because he knew that the government wouldn't let it fail" bullshit. If you know anything about his investment style you wouldn't dare make such a comment.
The Government shouldn't have bailed anyone out, let the weak go bankrupt. As Alan Greenspan calls it: Creative Destruction.

Big Government Sucks.

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