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Politics : Formerly About Advanced Micro Devices
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To: Tenchusatsu who wrote (437384)12/1/2008 8:38:03 PM
From: Alighieri  Read Replies (2) of 1573930
 
The words I hear from every single bailout advocate out there suggest that they don't have a clue, either.

Actually I think even bailout advocates realize that taking action on these companies is a lesser of the available evils. I have no illusions that the companies can turn themselves around...if it works, it will take a long time. But if we don't bail them at a time of economic crisis we risk even direr consequences through massive job losses or erosion of confidence. I don't think it makes much sense to let them go bankrupt.

Al
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