Can the US Government behave like Warren Buffet?

Free Market purists like to claim that things go bad when the government intervenes, but how is government intervention different than an individual intervention? They say that to have the government invest in a business to prevent it from going bankrupt is bad; but how does the government investment differ from the investment of a rich individual such as Warren Buffet? Is it OK for Warren Buffet to invest 5 billion dollars in Goldman Sachs, but not OK for the US Government to do so? Why should the US Government have to follow different rules that Warren Buffet? Is it because we can’t trust the US Government because the US Government is not motivated solely by profit?

2 thoughts on “Can the US Government behave like Warren Buffet?

  1. Yeah, I wonder. Why not let “the sucker go down” and then buy up the firms at fire sale prices for We the People? Seems like a rational strategy, but it’s called Socialism. That won’t wash here.

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