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Politics : Formerly About Advanced Micro Devices
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To: tejek who wrote (555167)3/15/2010 4:41:42 PM
From: Tenchusatsu  Read Replies (2) of 1576749
 
Ted, > No one is claiming America is "too big to fail".

Of course no one is publicly claiming this. Few want to even consider the possibility of failure, much less come up with ways to clean up our act.

The mentality of "too big to fail" revolves around taking everything for granted. Too many people considered the great GM to be "too big to fail," so they never prepared for the possibility that GM could go bankrupt. Too many people considered the financial institutions to be "too big to fail," so they never considered what could happen if the market for derivatives collapsed like a house of cards.

I hear liberals always talking about the way things should be in a country as rich as ours. I can understand wanting to help the poor, but most of their policies take that richness for granted.

Conservatives are not much better when it comes to taking things for granted, either.

Tenchusatsu
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