12-04-2008, 09:00 PM
Dennis S wrote:
The government "bailouts" are odious enough, but apparently necessary. But, we shouldn't take another another step toward more government entanglement in private enterprise by issuing stock certificates.
How does government buying GM stocks and then promptly divesting itself from them is entanglement? Buying and keeping shares, the way they did with some banks, is entanglement. Would you buy stocks in your brokers name hoping that he will return capital gains to you?