{"id":27155,"date":"2020-04-02T18:30:13","date_gmt":"2020-04-02T07:30:13","guid":{"rendered":"http:\/\/www.tomgrimshaw.com\/tomsblog\/?p=27155"},"modified":"2020-04-02T18:32:05","modified_gmt":"2020-04-02T07:32:05","slug":"no-free-lunches","status":"publish","type":"post","link":"https:\/\/www.tomgrimshaw.com\/tomsblog\/?p=27155","title":{"rendered":"No Free Lunches"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"733\" height=\"693\" src=\"https:\/\/www.tomgrimshaw.com\/tomsblog\/wp-content\/uploads\/2020\/04\/No_Free_Lunches.jpg\" alt=\"No Free Lunches\" class=\"wp-image-27156\" srcset=\"https:\/\/www.tomgrimshaw.com\/tomsblog\/wp-content\/uploads\/2020\/04\/No_Free_Lunches.jpg 733w, https:\/\/www.tomgrimshaw.com\/tomsblog\/wp-content\/uploads\/2020\/04\/No_Free_Lunches-300x284.jpg 300w\" sizes=\"auto, (max-width: 733px) 100vw, 733px\" \/><\/figure>\n\n\n\n<p>Someone commented that this is a socialist viewpoint. I disagree.<\/p>\n\n\n\n<p>I think he&#8217;s spot on the money! It&#8217;s a very capitalist viewpoint. You puts your money on the table (buy shares) and you takes your chances (profit or loss). <\/p>\n\n\n\n<p>To say, &#8220;Oh look we stand a chance of going broke, bail us out!&#8221; is a perversion of the system and the market. It is getting the people who did not buy shares to donate to support the people who did buy shares and props up a management that failed to take into account proper risk management.<\/p>\n\n\n\n<p> Not OK in my book! I did not vote to have my taxes used in this fashion. And I&#8217;ll wager that if the government DO throw money at them they will not be required to exchange equity for the cash they receive. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Someone commented that this is a socialist viewpoint. I disagree. I think he&#8217;s spot on the money! It&#8217;s a very capitalist viewpoint. You puts your money on the table (buy shares) and you takes your chances (profit or loss). To say, &#8220;Oh look we stand a chance of going broke, bail us out!&#8221; is a &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.tomgrimshaw.com\/tomsblog\/?p=27155\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;No Free Lunches&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,10],"tags":[],"class_list":["post-27155","post","type-post","status-publish","format-standard","hentry","category-general-interest","category-wealth-tips"],"_links":{"self":[{"href":"https:\/\/www.tomgrimshaw.com\/tomsblog\/index.php?rest_route=\/wp\/v2\/posts\/27155","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.tomgrimshaw.com\/tomsblog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tomgrimshaw.com\/tomsblog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tomgrimshaw.com\/tomsblog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tomgrimshaw.com\/tomsblog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27155"}],"version-history":[{"count":2,"href":"https:\/\/www.tomgrimshaw.com\/tomsblog\/index.php?rest_route=\/wp\/v2\/posts\/27155\/revisions"}],"predecessor-version":[{"id":27158,"href":"https:\/\/www.tomgrimshaw.com\/tomsblog\/index.php?rest_route=\/wp\/v2\/posts\/27155\/revisions\/27158"}],"wp:attachment":[{"href":"https:\/\/www.tomgrimshaw.com\/tomsblog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27155"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tomgrimshaw.com\/tomsblog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27155"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tomgrimshaw.com\/tomsblog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}