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Politics : Formerly About Advanced Micro Devices

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To: bentway who wrote (420957)9/29/2008 9:42:22 PM
From: tejek1 Recommendation  Read Replies (2) of 1574186
 
Please, detail an America with no bailout, in all it's horribleness. Will it really be the end of America? Or, just a corrected America rebuilding?

It would be a severe recession; maybe even a depression. Financial markets are freezing up....that's why stocks of banks are going into death spirals. Unemployment in key cities like LA is now over 7%; I could see that number going up over 10% easily. You treat this like it will be some kind of adventure mixed in with some catholic/puritanical cleansing of the national soul. That's hardly what it will be......many people will suffer needlessly and we will go even further backwards than we are now. Frankly, I am not interested.
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