Where Does Capitalism End and 2big 2 fail Begin

The discussion of the Lehmen Bros. Bankruptcy continues on 2 years after they went under. There are talking heads still claiming Lehman Brothers should have been given clemency from their own ignorance. The logic is beyond comprehension. Rewarding failure is now the pinnacle of success in American business. The American taxpayer is mystified as to how they became financially responsible for the failures of the Banksters.

We were told the TARP bailouts initiated by George Bush and continued by Barack W Obama are necessary to prevent another Great Depression. What it really did was prevent the top 1% from depression and threw the other 99% Americans to Hooverville. (not Hooterville)
Worse yet, it prevented the necessary redistribution of wealth, allowing new investors to bring new blood to failed industries.

Had we let Capitalism work foreclosed homes would have immediately been bought at true market values and Auto Companies would have been liquidated and bought at discounts from investors with skin in the game. The only skin in the game today, is the hides of the taxpayers.

Capitalism is self cleaning only if you allow markets to work. When gasoline was $4.25 a gallon it was free markets. A year later when the Banksters and Auto Czars are broke it's Corporate Welfare 2big2fail.

The TARP legislation and Stimulus Recovery impede a healthy correction and perpetuates the wealth to those who are parasites on the host taxpayers. We loose both ways.

All this and Hank Paulson claiming he saved your retirement money that should have never been put at risk by the Banksters. They are truly nothing more than a bunch of thieves with ties.



My question is simple. How big must you be to operate failure in perpetuity? Who determines which failure should be saved and how stupid must you become to qualify for 2big2fail?



Capitalism is a system that we are all familiar. The first rule of Capitalism says when your out of money your broke and liquidation is eminent. Bankruptcy is defined as unable to borrow money. Those who declare bankruptcy cannot borrow money and may not operate as a bank.

These rules prevent bankers from borrowing money from one bank to pay another bank. Kiting loans to create an even bigger bubble of insolvency. Sound familiar?

Using Lehmen Bros. as example; they filed for bankruptcy on 9/15/08. British owned Barclays bought a large portion of Lehmen Bros. the next day 9/16/08.
Nomura of Osaka, Japan bought the Asia Pacific operations 9/22/08.
In one week it was history with no cost to the taxpayer. Two years later they are still crying we didn't bail them out!!!!