Free market principles thrown under the bus in oil gusher...

4 posts / 0 new

Hey BP and all you conservatives! What happened to your free market principles? Why are you relying on the US Coast Guard? Shouldn't you be contracting out those duties to Blackwater?

Why are you relying on US military aircraft to poison the Gulf with your dispersants? Shouldn't that be another job for Blackwater?

matmar83's picture
matmar83
Joined:
Jul. 31, 2007 3:01 pm

Comments

Answer: The privatization of profits and the socialization of loss.

jeffbiss's picture
jeffbiss
Joined:
Jul. 31, 2007 3:01 pm
Quote jeffbiss:

Answer: The privatization of profits and the socialization of loss.

It's the new application of the "invisible hand" of the free market. It sneaks into taxpayers pockets to pay for business, bankster and derivative player losses.

Retired monk - "Ideology is a disease"

.

polycarp2
Joined:
Jul. 31, 2007 3:01 pm
Quote polycarp2:
Quote jeffbiss:

Answer: The privatization of profits and the socialization of loss.

It's the new application of the "invisible hand" of the free market. It sneaks into taxpayers pockets to pay for business, bankster and derivative player losses.

There's at least one cartoon about the invisible hand picking pockets. Its a great image.

Other invisible hand images

And more

Poor Richard

Poor Richard's picture
Poor Richard
Joined:
Jul. 31, 2007 3:01 pm

Latest Headlines

One Iowa Caucus Delegate Comes Down To Coin Toss

The Iowa caucus convener flipped a coin. Bernie Sanders supporters called "heads" and it landed on tails.

Bernie Sanders leads Hillary Clinton by 31 points in N.H.: Poll

Sanders was at 61 percent support in the University of Massachusetts Lowell/7News poll, followed by Mrs. Clinton, at 30 percent

Martin O'Malley suspends presidential campaign after Iowa caucuses

The announcement came after O'Malley barely registered in Iowa against his better-known rivals Clinton and Sanders, failing to meet already low expectations

Corporate-Managed Trade Deals Screw America

The New Hampshire primary is now just one day away, and differences between Bernie Sanders and Hillary Clinton couldn’t be clearer, especially when it comes to so-called free trade.

While Secretary Clinton’s views on corporate-managed trade have changed a lot over the years, Bernie’s haven’t.

Powered by Drupal, an open source content management system