Freddie Fail and Fanny Fubar

I should probably speak more about this, but Freddie Mac and Fannie May failing is a harbinger of a serious problems in American business.

I kind of knew this was going to happen, and we can thank corruption and soft spines in Washington for this.

Lobbyists have been sweet talking our lawmakers for generations to give handouts to American businesses to *stay competitive.* Guess who's paying for that? You and me. Freddie and Fanny were private corporations that paid off investors when they won, but charged the government for the losses when they screwed up. Instead of learning from their mistakes, they realized that nothing was too risky. Until they found themselves in a pine box.

These payouts *across all american business* have done the worst thing you could imagine: it has reinforced shitty business policy & strategy in America. Companies that should have been crapped out the capitalist bunghole have instead been strengthened by our government.

Probably the greatest case in point I could make: Ford makes a cool looking car that gets 65mpg. But they can't afford to sell it in the US. Where consumers would fall over themselves to buy it. Meanwhile, Ford's stock continues to tank.

A capitalist environment should have taken the decision makers responsible for this and shat them out like a white castle binge. American executives that represent this kind of business philosophy are tainting the industrial, commercial, and financial gene pool. If we don't let the viruses kill the host, it will only proliferate.

Sorry, but bad businesses HAVE TO FAIL. America will always have great workers to work, and new entrepreneurs will see opportunity and a yearning market. Newer and better businesses will be able to compete stronger on the global market.

Radical? Not if you're a true capitalist. We hear "Free Market!" exclaimed from libertarians every day. They want less government regulation, but you don't hear from them in this instance. If you want a free market, then no handouts for BUM CORPORATIONS. Get a job!

When poor businesses in America fail, we shouldn't feel like the sky is falling, we should rejoice that our leaders have learned a lesson, and that new business will compensate for them. The new knowledge will temper American business like a fine carbon steel.

What happens if you never learn from your failures, but are instead rewarded for them?