Mohacsy's Safe Portfolio Member Forum

[elena_murooni]

This is precisely why governments should NEVER intervene in free enterprise.

By the government shoring up the balance sheets of their competitors, then why WOULDN'T the Nissan's & Honda's of the world try to meet that advantage??? Why NOT eliminate high interest paper to the public & replace it with low interest rate paper to the government???

This snowball effect is caused by intervention.

If our government got the message on "protectionism" during the Great Depression in relation to global trade, then they had better get the message on "protectionism" with relation to business and business sectors operating within the American free enterprise arena. The protectionism they are using will keep the unwary/unprepared/overextended businesses in place while dessimating the wary/prepared/solid businesses competing for greater marketshare.

This whole string of conseqences is predictable and, at the same time, gut wrenching.