Oh, I think I "Get it" just fine thanks.
Ask Apple how many people they would employ if no one protected their intellectual and physical property.
Ya ever wonder why no companies move their headquarters to third world hellholes with no taxes?
As for why companies have traditionally kept their businesses based in the United States instead of some Third World "hellhole"? In my opinion it's because in the United States businesses could rely on the rule of law to protect their interests.
hmmm...yes.... I agree!
Tell me, is it the private sector or the public sector that enforces laws, contracts and property rights?
You make my point for me.
That rule of law however is no longer sacrosanct as the Obama Administration demonstrated quite graphically when they changed the order that creditors would be paid off in the GM and Chrysler restructuring deals...moving unions ahead of private investors.
Hold on a second - which investors? Equity or debt holders? common equity holders were wiped out exactly as they are meant to when a company declares bankruptcy. Why should any attempt be made to make equity holders whole?
Are you really not aware that the order in which creditors would be paid off was changed by the Obama Administration so that labor unions were moved up to a position where they would be paid before private investors?