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

To: tejek who wrote (462568)	3/10/2009 12:09:11 PM
From: i-node	Read Replies (2) \| Respond to of 1577925

>> The reason we have gov't is so that we don't have to throw caution to the wind... Caution to the wind? WTF are you talking about? When businesses fail they fail. If my business fails nobody bails me out. I pick up the pieces and do it again. Or go get a job. The argument is that banks are different, more like a public utility. This is nonsense. Protect the depositors, fine (although a strong argument can be made that FDIC was a mistake from the outset). But if the bank goes broke, it goes broke. If CITI fails, or BOA, I could care less.