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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (450178)1/23/2009 8:56:25 PM
From: Road Walker  Read Replies (1) of 1574040
 
I am a fiscal conservative. Damn it!

I'm still not sure we shouldn't suck it up, take the pain, and let the whole debt thing unwind. We (society) put ourselves in this situation... we are really just putting off the eventual unwinding of bad debt on the (very, very remote) chance that asset values will somehow stabilize and then miraculously go up.

It's like betting the 100 to 1 long shot at the track with your last $20 when your family is starving. Well, maybe that is a bit dramatic. Or maybe not.
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