Private Property vs. Pubic Bailouts
The two can't live together....for very long.
Soon we as nation will be forced to pick one. If the PUBLIC takes on the risk...the PUBLIC most own the property. There is no legal basis for PRIVATE stock/bond holders in a PUBLICLY bailed out company.
Buffett admits Uncle Sam balied out Berkshire. We The People are Uncle Sam. We The People Should Own Berkshire and NOT Buffett....or anyone else.
You either have Private RIsk owning Private Property.....or Public Risk owning Public Property. But anything in between is NOT Constitutional. Otherwise, we should be handing over Yellow Stone to Buffett or Wall Street as a gift from the taxpayer too.
Soon we as a nation will be forced to make a choice....it will be interesting to see which choice it will be?
Communism or Capitalism? It is a www.udderworld.com