Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (465581)	3/22/2009 3:03:14 PM
From: Road Walker	2 Recommendations Read Replies (1) of 1573691

What harm, exactly, is there in allowing banks that have been mismanaged to fail? First the US is essentially bankrupt because the FDIC cannot cover the cash owed. The you have all the International banks failing, because their balance sheets are all intertwined. Products and services do not move internationally or domestically. Then you have no loans whatsoever for the majority of companies that work on a line of credit, nobody works on self finance anymore, so you have massive layoffs which cause a massive reduction in spending and massive strains on an already bankrupt government, which causes massive layoffs which causes ... What is everybody from 'Planet Arkansas' a fuking idiot?

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