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


To: Tenchusatsu who wrote (692119)1/10/2013 2:04:39 PM
From: i-node  Respond to of 1578106
 
>>
What I don't like, of course, is the concept of "too big to fail." If you need to create a soft landing for a collapse, go ahead, but afterwards, failure HAS to take place or else more and more companies will just take stupid risks and bank on the hope that government will just bail them out.

Agree.

I'm not into the "too big to fail" mentality. Fine. Let them fail. Let them answer to shareholders. Let them bring down the economy for a while. It will come back healthier.

But when government jumps in the middle of it, it is only going to get worse. As it always does, regardless of the topic. When government gets in healthcare, they create major problems. When government gets into bailing out GM, major problems. When government decides to pay people to not work, major problems.

I don't quite comprehend how people can stand by and watch the government screw up one segment of the economy after another, yet still see it as a solution.