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

To: tejek who wrote (437947)12/4/2008 1:56:49 AM
From: Tenchusatsu  Read Replies (1) | Respond to of 1573696
 
Ted, > So.....by your comments, you don't believe the American industry can turn things around? Is that what you're saying?

The bailout creates a moral hazard. The American auto industry will be less willing to turn things around if it can simply run to Uncle Sam every time there's a downturn.

So essentially you have it backwards. I think the American auto industry can turn things around if it didn't get a bailout. Of course, the unions won't like it ...

Tenchusatsu



To: tejek who wrote (437947)12/4/2008 1:59:13 AM
From: Joe NYC  Read Replies (1) | Respond to of 1573696
 
Ted,

So.....by your comments, you don't believe the American industry can turn things around? Is that what you're saying?

No, that is not what Tenchusatsu is saying at all.

But now that you bring it up, it would certainly take a management miracle to turn a second rate input (output of our schools) and make a world beating product using it.

What's your opinion?

Joe


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