Reply to post: Re: Maybe another reason?

So why the hell do we bail banks out?

Anonymous Coward
Anonymous Coward

Re: Maybe another reason?

Governments are generally incapable of capitalism because it doesnt buy votes

Government do not really care about votes, it's a diversion. Politicians are primarily elected by their party, NOT by the electorate, it's an aberration when someone gets in ahead of the fix. If anyone challenge the party with an opinion, they get whipped into place. The party apparatus is where the power is and actual politics is determined. The parties are not up for election - which is good for stability in the sense that we can elect a new government and get less than 2% variation in the governments priorities. Business likes that.

For the politicians themselves, the pay & bennies are the same either way, as the opposition or the government. The reason they still want to govern is that there is more graft possible on the government side, but, the really juicy bits are sucked up by the "Sir Humphrey"'s inside the central administration.

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