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


To: combjelly who wrote (459095)2/24/2009 3:48:38 PM
From: tejek2 Recommendations  Respond to of 1574096
 
Never said that. They already are at the point of "too big to fail" because the repercussions would be dire. And, to make it worse, it would concentrate more economic power in fewer hands

I shudder to think where we would be if McCain/Palin had won.



To: combjelly who wrote (459095)2/24/2009 5:05:03 PM
From: Tenchusatsu  Read Replies (1) | Respond to of 1574096
 
CJ, > Never said that. They already are at the point of "too big to fail" because the repercussions would be dire. And, to make it worse, it would concentrate more economic power in fewer hands.

It's still not clear what your point is.

You did indeed say that if GM goes "tits up, there isn't going to be anything to spring up to fill that gap."

I never saw any instance where you explicitly advocate bailing out GM, but you do imply it because you think the alternative would be worse, e.g. "concentrate more economic power in fewer hands."

Besides, it's harder to think of an entity that has "fewer hands" than the federal government. Even the Microsoft monopoly isn't that powerful.

Tenchusatsu