clo,
re: "They took a chance & it/I paid off.
I'm glad it worked out. I'm glad your bank was smart enough to realize that you were a good risk. And, rest assured, you were not a charity case. I don't think anyone ordered the bank to take a chance on you.
Taking chances is something businesses, especially banks, SHOULD do. But their motivation is the desire to make money, not altrusim. You say the chance they took "paid" off? Well put! I'm not surprised. I'm sure they did their homework before helping you out.
Unlike business, socialism is ALWAYS a shell game. While its advocates tend to say that economies of scale make social programs work, history and the facts don't support that conclusion. The simple truth is that nearly everything government does, and especially the execution of social programs, it does POORLY - meaning, INEFFICIENTLY. That is because government can't go bankrupt. It isn't held accountable for the money it spends, and it doesn't worry as to whether it can get more. Its programs generally tap an almost bottomless well of "resources" (aka, taxpayers), and success is measured chiefly by a program's POPULARITY... not its achievement. Social programs certainly don't gauge success by the most objective, most telling measure of any program's success: The bottom line. And the thought of profit is practically anathema to supporters of socialism.
Socialism robs unpopular groups and gives the stolen money to popular groups. "Unpopular" in today's culture usually translates to "wealthy," but it also sometimes means "whites," "men," "smokers," "business owners," "shareholders" and "future generations."
Socialism is a philosophy rooted in greed, initiated by THEFT, and accomplished via force, sleight of hand, rhetoric and the all-important ignorance/naiveté of a willing public.
As a person who has a conscience - and who understands - I find socialism repugnant.
In Illinois, the "popular" people are apparently the 3,000 families who will wind up getting bailed out by a financially and morally bankrupt state. What a deal! Of course, 3,000 isn't really very many, but the lucky winners of this lottery will undoubtedly be held aloft by Socialist politicians and their associated leaches for the world to behold . . . as examples of Socialism's success. The press will buy in and the Marching Morons will play their role by voting for still more appropriation and spending of money they themselves did not earn.
This has all been done before: Lenin, Stalin, Hitler, Tse-tung... all had their poster children... all had their success stories. I sincerely hope the people of Illinois enjoy the parade of salvaged victims they'll soon be seeing - as their politicians merrily lead the entire state (and perhaps the country) down the road to a 3rd world lifestyle.
Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months
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