Comments on: An Alternative to Bailouts – Let Companies Fail http://www.feross.org/an-alternative-to-bailouts-let-companies-fail/ Pure concentrated awesome. Thu, 09 Feb 2012 17:01:36 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: feross http://www.feross.org/an-alternative-to-bailouts-let-companies-fail/comment-page-1/#comment-442 feross Sat, 18 Jul 2009 09:57:09 +0000 http://www.feross.org/?p=433#comment-442 I don't necessarily want to see the U.S. economy implode -- that wouldn't be good for anyone. People would suffer and that's never a good thing. But, I do want failed companies to be allowed to fail without the government stepping in. That's the point of capitalism. That's the whole point of America. With the freedom to make boatloads of money also comes to freedom to lose boatloads of money. We can't allow the one and disallow the other. We shouldn't be afraid to see companies fail -- this is normal, to be expected, and healthy in a free economy. So, yes, I do want to see poorly managed, unprofitable, useless companies be allowed to fail. But not the whole U.S. economy! Yikes! I don’t necessarily want to see the U.S. economy implode — that wouldn’t be good for anyone. People would suffer and that’s never a good thing.

But, I do want failed companies to be allowed to fail without the government stepping in. That’s the point of capitalism. That’s the whole point of America. With the freedom to make boatloads of money also comes to freedom to lose boatloads of money. We can’t allow the one and disallow the other. We shouldn’t be afraid to see companies fail — this is normal, to be expected, and healthy in a free economy.

So, yes, I do want to see poorly managed, unprofitable, useless companies be allowed to fail. But not the whole U.S. economy! Yikes!

]]> By: Ben C http://www.feross.org/an-alternative-to-bailouts-let-companies-fail/comment-page-1/#comment-440 Ben C Wed, 15 Jul 2009 21:52:33 +0000 http://www.feross.org/?p=433#comment-440 I totally agree. Although I also think that this guy's views (like my own) are also influenced by just a little bit of schadenfreude, the slightly sadistic delight of watching one of the largest economies in the world implode. Also, I love the "surprise" at 4:10. I totally agree. Although I also think that this guy’s views (like my own) are also influenced by just a little bit of schadenfreude, the slightly sadistic delight of watching one of the largest economies in the world implode. Also, I love the “surprise” at 4:10.

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