By now, we should really be concerned about the immorality of it all. AmEx is one of the richest corporations in the world, serving mostly well-to-do clientele. On what moral basis do they get this aid? What is wrong with letting them do the write-off, fail if necessary?
On what moral basis can the same government deny <name-your-company> aid? So why not Circuit City? Why not Mervyns - I was there at a closing-store sale yesterday, the employee's faces told me everything. I am not advocating bailing out any of them, but if AmEx is OK to bail out, why not Mervyns? Is it because the Mervyns employees are a lower breed of human?
On what moral basis can the same government deny <name-your-company> aid? So why not Circuit City? Why not Mervyns - I was there at a closing-store sale yesterday, the employee's faces told me everything. I am not advocating bailing out any of them, but if AmEx is OK to bail out, why not Mervyns? Is it because the Mervyns employees are a lower breed of human?
It is making my blood boil.