Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Alighieri who wrote (622753)	8/4/2011 9:05:49 AM
From: TimF	1 Recommendation Read Replies (1) \| Respond to of 1579896

Wishing to avoid bailouts does not equal wishing for the demise of a company. The proper function of a free market requires some companies that fail, to be allowed to end, but recognizing that doesn't equal actively wishing for any particular company to fail, or for anyone to be unemployed.

To: Alighieri who wrote (622753)	8/4/2011 11:17:28 PM
From: i-node	3 Recommendations Respond to of 1579896

>> So that makes it ok for you to wish for the demise of the company they work for? I'm really more interested in the demise of the excessive power the unions have. They are an extremely un-helpful feature of the American economy at this time, and contribute substantially to our increasing inability to compete in an increasingly global economy. To be sure, I'm fine with unions getting whatever they can for their respective memberships. However, their tactics are very similar in many respects to a legalized form of extortion, not unlike the concept of "protection" rackets once offered by organized crime. And even when you get past the legalized extortion concept, what you cannot get past is the fact that they breed laziness and a lack of independence; they distort the economies of American manufacturing, and in some instances contribute to an inferior American product. That is not to say there aren't good characteristics, but the negatives far outweigh the positives IMO.