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


To: SilentZ who wrote (545787)1/31/2010 7:59:06 AM
From: RetiredNow  Respond to of 1576645
 
LOL. Isn't that the truth. There's always been corporate socialism. It's only continued to get worse as corporations have aggregated more power to themselves under the Bush administration. Corporations now get to profit as the economy goes up and get bailed out of risky situations when the economy goes down. In my mind, that is the biggest mistake of both the Bush and Obama administrations in the last 2 years.

Too big to fail is a myth. If they are too big and the gov't needs to step in to avoid the cancer spreading, then they should step in as a liquidator, not as a savior.