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Strategies & Market Trends : Asia Forum

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To: Lee Lichterman III who wrote (7583)11/24/1998 8:11:00 AM
From: Liatris Spicata  Read Replies (1) of 9980
 
L3-

<<some injection will be required at some time .... We did the same with Chrysler and despite the rantings by many ... >>

Speaking of rantings- you seem to think to can criticize an idea by impugning its spokesmen without even addressing intellectual content. As if Chyrsler's outcome with "lemon socialism" was particularly significant in terms of the moral justification and economic sensibility of coercing taxpayers into funding bungled companies. You lack intellectual precision and integrity.

Larry

P.S. I'm jaundiced enough to believe the main reason Chrysler was bailed out was an unsuccessful effort to re-elect Jimmy Carter. Perhaps you favor the bailout of the politically connected?
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