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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: Bearcatbob who wrote (279901)11/10/2008 9:39:37 PM
From: skinowski2 Recommendations  Read Replies (1) | Respond to of 793964
 
I don't have any detailed answers. I do think, however, that honest markets would discover better solutions than.... power hungry greedy stupid politicians.

Bankruptcies of individual companies is a better choice than risk destroying the US. The next thing on the bailout agenda is that you and I will be forced to pay salaries and benefits to employees of car manufacturers. Where is this going to end?

Assets of failing companies would get bought. There is always a buyer for anything that still has any real value. It's merely a matter of price. And once the bottom price is discovered, from there the most likely path is - up. New owners pick up the pieces, and business resumes. A new cycle has a chance to start.