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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: Kenneth E. Phillipps who wrote (65062)5/15/2009 8:58:40 AM
From: JakeStraw2 Recommendations   of 224748
 
Consumer Electronics Exec Blasts Bailouts

The CEO of the Consumer Electronics Association, Gary Shapiro, says it's not the government's job to say 'You win. You lose.'
internetnews.com

"It's not the job of government to say, "You win. You lose. You win.' That's the job of venture capitalists," said Shapiro. "The government's just going to mess it up." He indicated the support to the auto and banking companies was part of a disturbing trend of society doing all it can to mask or prevent failure. "We don't even let our kids fail when they don't keep score in soccer games."

He also blasted Congress for its handling of the stimulus package. "In this age of transparency there was zero. It was a compendium of pork with a lot of it going to help balance state budgets. But what will happen in two years when that money is spent? We're setting up a dangerous cycle of dependency," he said.
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