Using Technology to Deepen Democracy, Using Democracy to Ensure Technology Benefits Us All
Friday, November 14, 2008
Buy Don't Bail, Share Don't Destroy
Enterprises failing but "too big to fail"? Okay, fine. So, rather than bailing out these crooks and incompetents with taxpayer money and thereby nonsensically rewarding bad behavior at our expense, why not buy these enterprises with the money instead at their present bargain basement prices and then distribute the shares to their actual workers across the board? I'm sure that must be a crazy idea but I can't understand why because I lack the special genius that enables my betters of the "investor class" to see Ayn Rand novels as more than just crappy hybrids of Harold Robbins and Amway promotional brochures and stuff like that.