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

To: Tenchusatsu who wrote (434668)	11/12/2008 8:16:56 PM
From: tejek	Read Replies (3) \| Respond to of 1573954

Ted, > at times like this I will not make blanket statements like all bailouts are bad or nothing good can come of a bailout. Obviously we need a limit on how far this bailout should go. I don't see any convincing reason why the American auto industry needs a bailout, for example. Just a ploy to keep Michigan "blue." You know what.....I don't know what's the best way to go with this mess. What I do know is that the car companies and their suppliers employ millions of people in this country.....mostly in a region that already is reeling. To let all of that go under strikes me as the most foolhardy of approaches. Would Pelosi agree to a bailout of ExxonMobil or Halliburton? Probably not but if you put your partisan hat away for a moment, you will realize that those companies don't employ the same numbers and don't have the same impact on the economy as do the car companies. I have to tell you......I would not want to be in the position Congress finds itself. They do this wrong and the whole house of cards can come tumbling down around them.