User Pass
Home Sign Up Contact Log In
Forum > Europe East A Leagues > Europe East A #5 > Pretty good read on Bailout
Page:
 
griffin8r
offline
Link
 
Originally posted by Zeke Woodson
You also know as well as I do that the government CAN NOT continue to prop up failed private businesses. You know this.


No, they can't, but what they can do is dismantle those businesses (particularly AIG), spin off the parts that are still profitable, and systematically wind down the financial services divisions that collapsed.
Last edited Mar 23, 2009 05:44:57
 
FlatheadCat
offline
Link
 
Originally posted by griffin8r
Originally posted by Zeke Woodson

You also know as well as I do that the government CAN NOT continue to prop up failed private businesses. You know this.


No, they can't, but what they can do is dismantle those businesses (particularly AIG), spin off the parts that are still profitable, and systematically wind down the financial services divisions that collapsed.


Good plan......except, will they?
 
griffin8r
offline
Link
 
The government, no matter who is in power, rarely follows my suggestions.

It'd be nice if they'd listen once in a while...
 
Page:
 


You are not logged in. Please log in if you want to post a reply.