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Politics : Formerly About Advanced Micro Devices

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To: combjelly who wrote (548909)2/9/2010 11:21:28 AM
From: Tenchusatsu  Read Replies (1) of 1575409
 
CJ, > The fact of the matter is that if unemployment concerns you, someone reality-based would realize that letting the auto industry go under would have made things much, much worse.

No CJ, you got it wrong. Unemployment is the symptom of a much more fundamental problem. Bailing out failed companies just to prop up unemployment is trying to make the numbers look good, but the fundamental problems become more entrenched.

We're not positioning ourselves for recovery. We're positioning ourselves for continued bailouts. "Too big to fail" is one of the dumbest concepts ever invented.

Tenchusatsu
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