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Sunday, 22 March 2009

If at first... CHANGE 101.

Does anyone remember the old saying "If at first you don't succeed, try, try again!"

Probably not. Not anymore than anyone remembers Eastern or TWA airlines, or the Studebaker Car Company, or any number of private enterprise entities that have disappeared over the years based on competition in the free market.

Heck, I'd even 'bet' most folks today cannot remember "Bear Stearns" much less articulate why they were allowed to 'fail' as a commercial enterprise, while Vikram Pandit's "Citigroup" was bailed out.

So here is TODAY'S short lesson plan for CHANGE 101 (Obama Administration version):
If your company is a failure, but is in the financial or insurance sector (and $upported the Democrats [read: Obama, Dodd, Fwank, Pelosi, Reid]), the government is waiting to prop you up with unlimited taxpayer money.

If your company is successful. but selling a popular product and creating jobs (including health-care services), the government is going to come down HARD and tax the bejeesus out of you.


H/T Rico

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