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

To: combjelly who wrote (459301)	2/25/2009 1:11:10 PM
From: TimF	Read Replies (2) \| Respond to of 1574005

Well, Tim, history is full of very large companies belly flopping and taking the economy with it. Even the very large companies of today aren't a huge part of our economy, and to the extent they waste resources unprofitably, and soak up investment inefficiently, and esp. to the extent they start needing government bailout after government bailout, their dragging our economy down, not keeping it up. Also to the extent you consider companies too big to fail, and support them or don't let them fail because of that, you enable and incentivise the existence of too big to fail companies. Propping up big companies that would have failed directly means you have more big companies than you otherwise would have, and you encourage others to try to grow to, or merge to become, that big, even if the business move doesn't otherwise make sense.