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


To: Tenchusatsu who wrote (437979)12/4/2008 2:48:42 AM
From: tejek  Read Replies (3) | Respond to of 1573718
 
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.


What the hell is a moral hazard? That term means absolutely nothing to me.

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.

No one....absolutely no on is making this easy for the car companies.

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 ...

Its not a bailout. Its a loan. Fukk......do you all read anything.....or do you simply repeat what you hear on Fox News? Seriously.