Comments on: What about the real “Bailoutable” businesses? http://www.yourcpapartners.com/blog/2009/03/30/dictionary-term-bailoutable/ Accounting, tax and new business topics for informed entrepreneurs and individuals. Tue, 31 Jan 2012 10:14:34 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Bob Caster http://www.yourcpapartners.com/blog/2009/03/30/dictionary-term-bailoutable/comment-page-1/#comment-1851 Bob Caster Tue, 19 May 2009 20:08:51 +0000 http://www.yourcpapartners.com/blog/?p=348#comment-1851 I am a true believer in the free market economy. It is important to our economy's long term health to reach the natural equilibrium where price is determined by unfettered supply and demand factors. I believe in the American economic system which rewards hard work applied by all who participate. I believe the influence of organized labor is an impediment to overall American economic growth. There was a time and place for organized labor, but that time is long since past. I also fervently agree that if a business cannot survive on its own it ought not to be artificially supported ad nausea. The natural cycle of business creation, business infancy, high business growth, business sustainability, business decline, and eventually business death is a natural intuitive cycle. The continuance of a business enterprise ought not to be driven by its size. Having said all that we must be ready for more extreme times if the large entity is permitted to participate in the natural cycle. I am a true believer in the free market economy. It is important to our economy’s long term health to reach the natural equilibrium where price is determined by unfettered supply and demand factors.

I believe in the American economic system which rewards hard work applied by all who participate.

I believe the influence of organized labor is an impediment to overall American economic growth. There was a time and place for organized labor, but that time is long since past. I also fervently agree that if a business cannot survive on its own it ought not to be artificially supported ad nausea.

The natural cycle of business creation, business infancy, high business growth, business sustainability, business decline, and eventually business death is a natural intuitive cycle. The continuance of a business enterprise ought not to be driven by its size.

Having said all that we must be ready for more extreme times if the large entity is permitted to participate in the natural cycle.

]]> By: Byron Patrick, CPA.CITP http://www.yourcpapartners.com/blog/2009/03/30/dictionary-term-bailoutable/comment-page-1/#comment-703 Byron Patrick, CPA.CITP Fri, 17 Apr 2009 20:26:35 +0000 http://www.yourcpapartners.com/blog/?p=348#comment-703 WELL SAID! Capitalism only works if you let it. Of course it begin to fail when you begin running this country as if we lived under communism/socialism. Additionally, nothing is too big to fail... it might hurt more than the smaller guys but lets be honest, what could happen that our great country couldn't recover from???? Those who make poor decisions should not be propped up my the American Tax Payer. Capitalism is what established our country as the strongest nation in the world...lets not weaken ourselves with policy's inconsistent with what our country was founded on! WELL SAID! Capitalism only works if you let it. Of course it begin to fail when you begin running this country as if we lived under communism/socialism.

Additionally, nothing is too big to fail… it might hurt more than the smaller guys but lets be honest, what could happen that our great country couldn’t recover from???? Those who make poor decisions should not be propped up my the American Tax Payer.

Capitalism is what established our country as the strongest nation in the world…lets not weaken ourselves with policy’s inconsistent with what our country was founded on!

]]> By: Bonnie http://www.yourcpapartners.com/blog/2009/03/30/dictionary-term-bailoutable/comment-page-1/#comment-171 Bonnie Wed, 01 Apr 2009 01:57:55 +0000 http://www.yourcpapartners.com/blog/?p=348#comment-171 Perhaps we CPA's should get active and work for campaign finance reform. Until small businesses are on a level playing field for influence in the political system, nothing is going to change. And frankly, I put the AICPA, Big Four into that "big" category. At least two of the remaining "four" should be gone, but again "too big to fail". We've allowed our country to be run by these huge organizations. Perhaps we CPA’s should get active and work for campaign finance reform. Until small businesses are on a level playing field for influence in the political system, nothing is going to change. And frankly, I put the AICPA, Big Four into that “big” category. At least two of the remaining “four” should be gone, but again “too big to fail”. We’ve allowed our country to be run by these huge organizations.

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