Robin Trehan, said Main Street Cheated, Wall Street helped with Tax payers money.
Will US government bail out the common investor, since now they have bailed out the Banks with new bill which they are supposed to pass soon.
Tax payers money is been put on line for the executives to draw a hefty salaries. Our companies are already owned by foreigners and it seems every time there is a bail out we seems to bailing out the holders of bonds and kick the common shareholders. American investor is being thrown out in river and we are trying to preserve the system which need to be changed.
Robin Trehan, said, let Darwin theory and market mechanism work in terms of financials too. Why do we need to save any of them. It is against the principal of free market. If they are strong they will survive, but should not survive on tax payers money, especially if there is no ROI (Return on Investment)
Think of a scenario. If you own a business and you not able to sell your product or pay your rent, will the government bail you out, Absolutely Not. Then, why helping big corporations with it. It seems not fair to common person on Main Street. Our greatest strength consist not in falling but getting up every time we fall. Robin added it seems we are not in business but is socialism of financial corporations.
Let the market take its own course and if some companies if they fail to get up, they have no right to be helped. Squandering tax payers money for this purpose without any return is against any common business sense. Here we are making billions of dollar of investments with Zero returns guaranteed. If that is the case drain money in toilet rather than filling the coffers of the companies.
If we are serious and if we want to help the economy, we should give money to companies, and government should take over the control as they did in AIG case. No, need to give money for free and putting our future generation in perennial debt.
God Bless America
