The Soapbox

hoolstoptheheels

Joined: 01/04/2001 Posts: 27052
Likes: 34334

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AIG says hello. They went out of business, current appearances to the


contrary, because of exactly that kind of epic mismanagement. Most of AIG itself had no idea how much risk it had taken on in the credit crisis until it was too late. That's just one example.

You described all big bureaucracies, not just the govt. Yet, big bureaucracies tend to be a necessity. With drawbacks, like most things in life.

(In response to this post by HokieDan95)

Posted: 07/08/2019 at 1:22PM


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Current Thread:
 
  Venezuelan special forces have killed >5000. Bust just because this shit -- HokieDan95 07/08/2019 09:59AM
  The word you are looking for is authoritarianism because.................. -- Chuck Taylor 07/08/2019 11:31AM
  That democratic foundation disappears when everyone relies on govt -- HokieDan95 07/08/2019 12:24PM
  Wow! Sun Rand is alive, well & posting as HooDan. Hoo knew? ** -- WaxHoo 07/08/2019 12:49PM
  It does? Maybe you can come with an example that meets your scenario,...... -- Chuck Taylor 07/08/2019 12:30PM
  Venezuela works as an example of that. -- hoolstoptheheels 07/08/2019 12:48PM
  No. Obviously wealth alone was not sufficient to avoid a slide into........ -- Chuck Taylor 07/08/2019 3:29PM
  Yes on Venezuela ** -- HokieDan95 07/08/2019 1:02PM
  Not really, except in the sense that the government owns the company that -- Seattle .Hoo 07/08/2019 12:55PM
  On a weighted basis, I don't think anything matters to Venezuela other -- hoolstoptheheels 07/08/2019 1:17PM
  Yes poor management, something endemic to socialism, the govt doesn't know -- HokieDan95 07/08/2019 1:07PM
  Again I do think it’s authoritarianism that’s the problem ** -- 111Balz 07/08/2019 12:55PM
  It always is. ** -- hoolstoptheheels 07/08/2019 1:07PM
  "because of"? no, socialism is a tool of control ** -- HokieDan95 07/08/2019 12:34PM
  Give some examples of what you mean by that. ** -- Seattle .Hoo 07/08/2019 12:35PM
  I agree. I will never embrace socialism as a governing system. -- hoolstoptheheels 07/08/2019 12:12PM
  Well documented in the book "How Democracies Die." ** -- Seattle .Hoo 07/08/2019 11:33AM
  Maybe those 5000 were counter-revolutionaries and enemies of the State -- Wahoo Ron 07/08/2019 11:30AM
  Yes, democratic socialism, but also including the disarming of society -- ryno hoo 07/08/2019 10:49AM
  What does “socialism “ have to do with brutal dictatorship? ** -- WaxHoo 07/08/2019 10:27AM
  Both terms can be equated to the same, scaring the stupid. ** -- HoosWillWin 07/08/2019 11:23AM
  Its like pornography...you know it when you see it ** -- Tuckahokie 07/08/2019 10:47AM
  And most people under 50 think of Danes with healthcare and parental leave, -- WahooRQ 07/08/2019 11:06AM
  Denmark is NOT a socialist country. They are a capitalist country with high -- CharlestonSC 07/08/2019 12:19PM
  Once all of the over 50 people die off the Brave Green New World can -- Tuckahokie 07/08/2019 11:09AM
  Complete control ** -- HokieDan95 07/08/2019 10:29AM
  Total control & socialism are not necessarily synonymous ** -- WaxHoo 07/08/2019 10:31AM
  Perhaps, but it is still tone-deaf to embrace the label ** -- Faz d. Hoo 07/08/2019 10:58AM
  It's batshit crazy. When you think of those who do that, you have to -- hoolstoptheheels 07/08/2019 12:00PM
  Less and less every year though, as the demographic changes and ironically -- southdenverhoo 07/08/2019 11:55AM
  Agree, & that’s not 95’s point ** -- WaxHoo 07/08/2019 11:07AM
  He doesn’t know what it means ** -- 111Balz 07/08/2019 10:38AM
  They are for some, like Trumpies, especially for 2020 ** -- Hoo TV 07/08/2019 10:37AM
  Violence and political unrest in South America? That's never happened -- Seattle .Hoo 07/08/2019 10:16AM

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