Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: orkrious who wrote (171021)	12/13/2008 5:09:12 PM
From: tejek	Read Replies (1) \| Respond to of 306849

there's always an excuse about why now isn't a good time to let them go BK. Its not an excuse.......the economy is in dire straits. The last thing it needs is another kick to the groin. I don't see our economy ever strongly recovering unless we stop the gov't interference. it is going to be like Japan from 1980-present except worse, because we are now the world's greatest debtor nation and have no manufacturing. Bull....gov't involvement in the economy can be of great benefit if done properly. We saw that under Clinton and I've seen it in both cities and states where gov't is competent and progressive. we are going to have a depression whether the automakers go through BK or not. IMHO you may as well get things set up so businesses are productive going forward. Its not at all clear we will have a depression. Make the wrong though and it can be pretty much guaranteed.