What is with all the Bailouts?

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  • 96ukssob
    So Fucking Banananananas
    • Mar 2003
    • 12991

    #1

    What is with all the Bailouts?

    I just saw on TV here that a store Boscov's is asking for a bailout now. They filed for bankruptcy a number of months ago and has shut down a number of stores over the years.

    If you dont know the store, its like upscale version of Kmart, they sell everything from clothes to treadmills and sneakers. In either case, they are located in poor traffic areas or crappy malls. Everytime I have been in a Boscovs there is hardly anyone there.

    Anyway, them asking for a bailout is just ridiculous. they are failing because their store sucks. regardless of the economy, they would fail anyway.

    It annoys me that companies like this try and use the "bailout" to score some easy tax pay money to save their failing company.

    IMO, we as tax payers should vote for these types of things. F this, tomorrow, im asking for a bailout
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  • spacedog
    Yes that IS me. Bitch.
    • Nov 2001
    • 14149

    #2
    don't worry.. King messiah will save everyone in 9 days

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    • hypedough
      Confirmed User
      • Sep 2007
      • 3743

      #3
      Originally posted by spacedog
      don't worry.. King messiah will save everyone in 9 days
      I'll just stop working now and wait

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      • potter
        Confirmed User
        • Dec 2004
        • 6559

        #4
        Originally posted by bossku69
        IMO, we as tax payers should vote for these types of things. F this, tomorrow, im asking for a bailout
        ok larry

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        • DamageX
          Marketing & Strategy
          • Jun 2001
          • 14293

          #5
          Originally posted by bossku69
          I just saw on TV here that a store Boscov's is asking for a bailout now. They filed for bankruptcy a number of months ago and has shut down a number of stores over the years.

          If you dont know the store, its like upscale version of Kmart, they sell everything from clothes to treadmills and sneakers. In either case, they are located in poor traffic areas or crappy malls. Everytime I have been in a Boscovs there is hardly anyone there.

          Anyway, them asking for a bailout is just ridiculous. they are failing because their store sucks. regardless of the economy, they would fail anyway.

          It annoys me that companies like this try and use the "bailout" to score some easy tax pay money to save their failing company.

          IMO, we as tax payers should vote for these types of things. F this, tomorrow, im asking for a bailout
          The financial crisis also happened due to poor business judgement, as did the car makers problems. They got bailouts, why shouldn't this store?
          Whitehat is for chumps

          If you don't do it, somebody else will - true story!

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          • KillerK
            Confirmed User
            • May 2008
            • 3406

            #6
            If the car guys get money, anyone should

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            • JD
              Too lazy to set a custom title
              • Sep 2003
              • 22651

              #7
              i'm filing for my bailout tomorrow

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              • Shaze
                Confirmed User
                • Oct 2003
                • 2662

                #8
                exactly what you said about Boscov's can be said about the automobile industry and the financial institutions.

                the automobile companies were failing way before the economy went to shit. their cars are inferior compared to european and japanese cars and always need to be repaired, and they never adapted.

                well, financial institutions. do i have to tell you it is their own fault for going bankrupt by getting into risky loans? i think this record has been played over and over again.
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