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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (437947)	12/4/2008 1:56:49 AM
From: Tenchusatsu	Read Replies (1) of 1573746

Ted, > So.....by your comments, you don't believe the American industry can turn things around? Is that what you're saying? The bailout creates a moral hazard. The American auto industry will be less willing to turn things around if it can simply run to Uncle Sam every time there's a downturn. So essentially you have it backwards. I think the American auto industry can turn things around if it didn't get a bailout. Of course, the unions won't like it ... Tenchusatsu

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