The Mudcat Café TM
Thread #39273   Message #557785
Posted By: McGrath of Harlow
24-Sep-01 - 12:52 PM
Thread Name: AMERICAN ATTACKS*PART TEN-&the future is
Subject: RE: AMERICAN ATTACKS*PART TEN-&the future is
That last sentence in that last post I made got garbled - it should have read:

If people put money into a business, such as an airline to keep it going, that means they own part of that business. If it's public money, because the representatives of the community believe it is necessary to keep it going, that means the public own's that part of the business. That's just as much capitalism as it is socialism.

If an airline company goes broke, the aeroplanes are still there, the people who operate them are still there. If it's important to the community that they keep flying, it keeps flying, and the government picks up the bill, if the fares don't cover the cost. That's common sense.