Quote:
Originally Posted by Dragoneye
I agree with you. They probably wouldn't have gotten the loans. And our economy right now might look like a picnic compared to what we'd be going through.
Thankfully, it was up to the president to decide. One relatively intellegent person complimented by a cadre of economic and financial professionals can make smarter, faster decisions than a room full of blithering idiots spouting their false presumptions, and groundless opinions.
Hopefully -- only the people who see and understand the importance of their survival will have enough drive to look up that phone number of their senators, and everyone else will sit at home and b***h at their TV. I can live with that.  |
I know there are scores of studies that warn of the "catastrophic" effects of having any or all of the big three go down, but I'm of the opinion that, while it would definitely have a significant negative effect on the economy, the nuclear option of bankruptcy is the best long-term solution.
It's pretty clear what position you take based on your posts and comments, and I believe it to be that GM is too big and too important to let it fail. That's fine, but firing off backhanded insults at people whose opinions differ from your own is not going to help the problem at all.