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

To: combjelly who wrote (548909)	2/9/2010 8:40:12 AM
From: Jim McMannis	Read Replies (3) \| Respond to of 1574854

Maybe unemployment is really between 18% and 20%? shadowstats.com

To: combjelly who wrote (548909)	2/9/2010 11:21:28 AM
From: Tenchusatsu	Read Replies (1) \| Respond to of 1574854

CJ, > The fact of the matter is that if unemployment concerns you, someone reality-based would realize that letting the auto industry go under would have made things much, much worse. No CJ, you got it wrong. Unemployment is the symptom of a much more fundamental problem. Bailing out failed companies just to prop up unemployment is trying to make the numbers look good, but the fundamental problems become more entrenched. We're not positioning ourselves for recovery. We're positioning ourselves for continued bailouts. "Too big to fail" is one of the dumbest concepts ever invented. Tenchusatsu