Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Tenchusatsu who wrote (425682)	10/13/2008 6:15:53 PM
From: SilentZ	Respond to of 1574841

>The key is that power is centralized in a single, hierarchical bureaucracy. And for what? To prevent this sort of financial crisis from happening in the future? Listen. Either way, power ends up in a centralized bureaucracy. The question is, do we want it to be accountable to the people or just to money? >Many people on this very thread, not to mention analysts featured on CNBC, are predicting the "fall of capitalism." What does that mean, except a state takeover of almost every pillar of this economy, from banks to auto to oil and beyond? It might happen, but I don't think it will. And it shouldn't. -Z

To: Tenchusatsu who wrote (425682)	10/13/2008 6:37:47 PM
From: combjelly	Respond to of 1574841

"What does that mean, except a state takeover of almost every pillar of this economy, from banks to auto to oil and beyond?" Who knows? It could mean that. Would hate it if true. But it might not. That is the thing about this sort of trouble. The only thing you know is it will be different.