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Politics : Formerly About Advanced Micro Devices
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To: Joe NYC who wrote (481001)5/15/2009 11:59:03 AM
From: Alighieri1 Recommendation  Read Replies (2) of 1573682
 
America’s government, keen to protect workers, is providing taxpayers’ cash to keep the lights on at both firms. But in its haste it has vilified creditors and ridden roughshod over their legitimate claims over the carmakers’ assets. At a time when many businesses must raise new borrowing to survive, that is a big mistake.

As opposed to what? Letting them go belly up and create an ever greater disaster? What do you know? What insight do you have that lets you be so critical of what these people are trying to do? Let's face it...you know only what you biases allow you to read in the media of your choice...that does not make you qualified to second guess...not on this.

Al
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