Can't argue with either on this one: Sen. John McCain, the Republican nominee for president, has said his goal is to make the companies "go away" and to push for regulation that "limits their ability to borrow, shrinks their size until they are no longer a threat to our economy and privatizes and eliminates their links to the government." Sen. McCain supported giving Treasury the authority to backstop the firms but has said any use of taxpayer funds should be combined with an ouster of management and a ban on lobbying by the companies.
Sen. Barack Obama, the Democratic nominee, has said the companies are a "weird blend" and that "if these are public entities, then they've got to get out of the profit-making business, and if they're private entities, then we don't bail them out."
More: "You notice a lot of these folks they don't like government when they are making money,'' Obama said. ``But as soon as they start losing money they think the government is just swell." That's right. We are going to change that attitude.'' Oh, yeah? How?
8 comments:
tiny
Nanny State in all its splendor, yes. But, hey, I kind of beat you to this story with this comment here.
You hijacked the thread on the LHC with a non-sequitur, and now you want credit for it?
You can reconquer the LHC thread anytime. What's to say about it, though?
Have you read it? A humor article that links to arxiv.org. That's great.
I don't get physicky stuff. Higgs bundles are better than Higgs mass. Hah!
Can't argue with either on this one:
Sen. John McCain, the Republican nominee for president, has said his goal is to make the companies "go away" and to push for regulation that "limits their ability to borrow, shrinks their size until they are no longer a threat to our economy and privatizes and eliminates their links to the government." Sen. McCain supported giving Treasury the authority to backstop the firms but has said any use of taxpayer funds should be combined with an ouster of management and a ban on lobbying by the companies.
Sen. Barack Obama, the Democratic nominee, has said the companies are a "weird blend" and that "if these are public entities, then they've got to get out of the profit-making business, and if they're private entities, then we don't bail them out."
More: "You notice a lot of these folks they don't like government when they are making money,'' Obama said. ``But as soon as they start losing money they think the government is just swell." That's right. We are going to change that attitude.'' Oh, yeah? How?
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