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Who do you think is gonna bail companies and markets out when they file for bankruptcy? Taxpayers. The same taxpayers who are paying the salaries and budgets of the SEC.

William ₿ Travis 10mo ago

How about no one bails them out? How about they just die as they should?

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Sooly⚡️سولي 🇱🇧🇧🇪🇦🇪🇦🇴 10mo ago

When the house of cards collapses? No one dies. Taxpayers foot the bill.

Free markets don’t exist when losses are socialized, and profits stay private until you watch it on Netflix 20years after.

William ₿ Travis 10mo ago

I meant the companies should just die with no bailouts like Enron or Lehman Brothers. But adding government oversight for a problem it created is not a solution.

Sooly⚡️سولي 🇱🇧🇧🇪🇦🇪🇦🇴 10mo ago

If failures were allowed to fail, we’d actually have a free market. Instead, we get corporate welfare disguised as fake capitalism.

William ₿ Travis 10mo ago

but the SEC doesn't protect us against it. they have been used to go after the enemies of whatever administration is in power.