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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (153098)	10/10/2002 4:46:18 PM
From: tejek	Read Replies (1) \| Respond to of 1585095

Ted, <However, in the case of Ford I would make an exception.> What makes Ford worthy of an exception? If they go under, what impact will that have on the American economy? Ten, Ford has revenues of $162 billion, employs over 350k workers, and owns billions of dollars of real estate in this country. But more importantly, its an essential and basic element in our industrial base. You start to dismantle basic elements of a country's industrial base and that country can expect to be in trouble a few years down the road. I can see why we ought to bailout the airlines (though the long-term consequences of a bailout aren't good), but I can't see a reason to bailout Ford. In my mind, you have it reversed.........let the airlines tank. Most of their infrastructure is owned by the airports and planes are very removeable fixtures. ted