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Politics : Formerly About Advanced Micro Devices

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To: RetiredNow who wrote (548499)2/7/2010 1:14:56 AM
From: bentway1 Recommendation  Read Replies (3) of 1574750
 
"I would not have bailed out GM or Wall Street. I would have let the too big to fails fail."

..and we'd be in the worst depression in world history right now. You're failing to grasp that the world runs on credit, and credit was frozen. The Wall Street IB's had tenacles EVERYWHERE. Had they failed, no ships would have sailed, no trucks would have rolled - everything would have STOPPED.
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