RaymondPierreL3Why are we farting around and bailing out failed enterprises anyway. They fail because too much $$ has been taken out of them until the kitty runs out. And whose responsibility is that? Not the public that’s for sure. So why bail them out?
Instead, let’s #Nationalise the bloody paupers. With #NotForProfit status, these same #FailedEnterprises would survice and provide much needed jobs and supply independence to the Australian economy. Of course, such a move would mean the #Rats have no where to go but jump ship and look for #scraps elsewhere — good ridance. Still, it would not be a bad message to put out there: In Australia, if you cannot run a business and keep it afloat long term, well, we don’t want your investment. In turn it would provide a very reliable market for future long term investments rather than current speciulative short term pillaging exercises.
That’s my take. And all of it is feasible in a Capitalist system for any Constitutional Democracies.
