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

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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
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Jul. 31, 2007 4:01 pm

Comments

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

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jeffbiss
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Jul. 31, 2007 4:01 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"

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polycarp2
Joined:
Jul. 31, 2007 4:01 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

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Poor Richard
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Jul. 31, 2007 4:01 pm

Trump Could Learn From the "Rat Park" Experiment

Even as Donald Trump's surrogates are re-tweeting photoshopped images of Hillary Clinton in blackface, Trump himself is trying to win the black vote by simply asking black Americans "What the hell do you have to lose?!"

And in response to the news that NBA star Dwyane Wade's cousin had been shot in Chicago, he sent out two tweets talking about how bad the crime rate is getting.

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