Thursday, December 24, 2015
IN PRAISE OF BANKRUPTCY
Anyone for whom Social Security payments are an important source of income, should be wary, indeed, of any Presidential candidate who justifies, with pride, the use of bankruptcy as a business tool. The actual funds in the Social Security Trust Fund have actually been transferred out, to the upper classes, for trickling down that never occurred. It is unthinkable for a good capitalist to pay back those funds; what's a bankruptcy for?
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Apparently, only for use by the wealthy! Trump follows the basic principles of capitalism:
ReplyDelete"A basic principle of modern state capitalism is that costs and risks are socialized to the extent possible, while profit is privatized." ~ Noam Chomsky