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

To: tejek who wrote (611381)5/15/2011 7:40:43 PM
From: i-node1 Recommendation  Read Replies (1) | Respond to of 1576615
 
>>
Do you know the difference between subsidization and giving someone a loan?

When someone makes a loan that has no chance of being repaid, that is a subsidy.

Can you please name a couple of the big subsidies the oil industry receives?

You really don't know of any, do you?



To: tejek who wrote (611381)5/16/2011 8:13:56 AM
From: HPilot2 Recommendations  Respond to of 1576615
 
They didn't just give GM a loan, they bought the company, and they paid with cash. The US government now owns GM shares. That is a very large subsidy.


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