SI
SI
discoversearch

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 : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: golfer72 who wrote (60526)12/23/2012 8:55:10 PM
From: greatplains_guy  Respond to of 71588
 
The car companies and the banks should have been left to fail.

Markets are far more efficient than government. When government intervenes in the market the important lessons that need to be learned are left unlearned. One needs look no further than the money GM lost on the Volt due to continuing to build a vehicle loved by government and hated by consumers.



To: golfer72 who wrote (60526)12/24/2012 1:00:49 AM
From: RMF  Read Replies (1) | Respond to of 71588
 
If they had just let the banks and car companies fail the 1930's would have looked GOOD compared to what we would have today.

Unemployment would be 50% minimum.

Pensions would be worthless.

The entire world would be like Germany when it took a wheelbarrow full of marks to buy a loaf of bread.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News