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

To: tejek who wrote (456926)	2/16/2009 2:41:18 PM
From: Tenchusatsu	Read Replies (1) \| Respond to of 1575830

Ted, you make some good points, but I really don't think we have a fundamental credit crisis. Instead, the existing institutions are all acting like GM, Ford, and Chrysler. They're pretending they're too big to fail. I'm not against shoring up financial institutions, but I also don't think some of them collapsing is going to mean the second coming of the Great Depression. By the way, I really don't care what Cramer has to say about this, because Cramer flip-flops on a regular basis. More sound minds have come out in favor of doing nothing, and while I don't believe that's the most ideal solution, I believe it's much better than the solutions borne out of panic. Tenchusatsu