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Politics : Formerly About Advanced Micro Devices
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To: tejek who wrote (440427)12/14/2008 4:18:07 PM
From: i-node  Read Replies (1) of 1576663
 
Friedman is getting less and less relevant over time.

Like you, he doesn't want to address the central issue, that the reason Detroit is in a quagmire is they've allowed the unions to repeatedly chop away at profits until there are none left.

As to the credit issue, the reason you don't understand what he said is that he doesn't, either.
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