Phillip Hallam-Baker wrote :
It is the moral hazard issue. If the reward for failure is a new contract
then you are creating an incentive to fail.
I don't think moral is part of their vocabulary, regardless which side of the
aisle is part of their ecosystem.
Why is it that folk who preach the virtues of capitalism never seem to
understand that the logical
consequences should fall on them when they mess up and not just the blue
collar worker?
For the same reason folk who preaches the virtues of socialism never seem to
understand that the logical consequences should fall on them when they mess up
and not just the rich capitalist :P
Richard Shockey wrote :
Aka the Prom
Ah, that's what they call it in D.C., too ? I live in a small village called
Sacramento, CA. Same name here.
Michel.