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

To: Tenchusatsu who wrote (437114)	11/28/2008 2:10:46 PM
From: Road Walker	Read Replies (1) \| Respond to of 1574004

OK, but I don't see that being tied to the auto bailout. Even if Washington all of a sudden decided that bailing out failed corporations didn't make sense, they would still move forward with tougher CAFE standards. I think society should get something back for their investment... in this case lower gasoline 'tarrifs' on economic activity. What I do see, however, is a bunch of politicians and analysts saying, "coulda, shoulda, woulda," as if to pretend that Washington knows how to design and market cars better than Detroit. Or Japan and Germany for that matter. So they tie all of their "conditions" to a bailout, cause you know, the free market can't be trusted to decide what's best for the auto industry. As stated, Washington has pretty much designed most of the specs for the cars we drive. Only problem is that none of the politicians ever allowed the free market to do its thing, including weed out the companies that just don't deserve to survive. These bailouts are pretty much a historical exception. My WAG is that if the economy was firing on all cylinders then it wouldn't happen... they would be allowed to die.