Posts

Showing posts with the label We Would Get Wormed If We Did That wrlyman.com 2020TAGS politics business economy mylymanblogspot

Free Enterprise, We Would Get Wormed If We Did That

Image
Free Enterprise, We Would Get Wormed If We Did That Former President Clinton said it best in a recent speech. Clinton remarked about people getting away with behavior that most would be persecuted for. Clinton joked, there was once two bulldogs observing a couple of break dancers; one bulldog remarked to the other, "If we did that they would worm us." Big business, big banking and passive regulators around the World breakdanced for years, stretching working capital beyond business models into credit default swaps and impossible to insure business ventures. The result, a call on the working capital from faulty markets and greed in institutional investors collapsed the working capital and sending a virus into small enterprises collapsing capital and pay-as-you-go business models. If Small Enterprises did that, small enterprises would be more than wormed, it would be closed. Amazement of interests in driving economic recovery from the top down (big business, big bank bailo...