Failed business models

Seems like every now and then when I take a little vacation and come back there are some major upheavals and changes on the workfront and it got me to thinking during my walk today. Now I had a bad manager back in the day, may or may not have been a psycho but definitely an asshole and there was alot going on back then, had some health issues which seemed to start around then, blogged about some of them at the time yet Upper Management made a decision to bring him back. Dunno man but I say if somebody is at best a question mark let them be a memory, a part of Back in the Day but all this work stuff got me to thinking about bailouts and such. Now of course the bailouts didn't start with Obama, Bush really got them going but as a general statement I'm against bailouts philosophically and here's why. If you let the free market work as it's supposed to companies that deserve to go under are allowed to do so. It may sound harsh but there's a reason for everything, maybe they don't treat the workers right, maybe there's corruption, whatever but government throws these economic life rafts and blankets out constantly now and it interferes with the whole natural process, a kind of business Darwinism where the undeserving are allowed to fail. The usual rationale is but the people will be out of their jobs but they can always dust themselves off and find new employment with hopefully better companies but they tend to pigeonhole themselves (once a butcher always a butcher). Now let me ask you if a major company goes bankrupt and then has to file some austerity plan on orders of the Bankrupty Court and so then there's a wage reduction and then a wage freeze for years on end and other major gutting of certain bennies and perks hard fought by the Union over the years HOW is such a bailout beneficial to said workers as a whole? That's called Taking It Up The Ass, Thuganomics 101 and there's a certain loss of basic human dignity involved so what good are unions in the first place? Wouldn't it have been much better for the business to simply close up shop like in the old days because they were fiscally and even morally irresponsible throughout the years? That's the beautiful karma of the free-market system at work folks, the workers will dust themselves off and pick up better jobs if not now then down the road. So how is a massive bank or gov't bailout (really the same thing) gonna help change the Peter Principle? Back in the Day if a place went bankrupt there was a reason for it and there was no chance in hell of getting a bailout or recovery loan. Let me put it in more simple terms and we've all done this us men -- you screwed it up with a chick bigtime, that's all your fault and you have the rest of your life to think about it and chew it over but that's called learning from experience and starting over so when was the last time somebody came up to you and said I'm bailing you out with a new chick?