HK wrote:
Eisboch wrote:

wrote in message
...

On Fri, 27 Feb 2009 15:19:52 -0500, HK wrote:

So, you are in favor of welfare for corporate losses. Fascinating.


Not at all but simply condemning all corporations for the flaws of a
few is short sighted.


It's more than a few.


Not in the grand scheme of things. There are probably 100,000 thousand
corporations in the US, not counting the Type S guys.
The government is cutting bailout checks for a handful of them, mostly
banks including a lot of foreign banks. I am one of those who think GM
and Chrysler could go into chapter 11 and it wouldn't be the end of
the world as we know it. They certainly need a better business plan
than they are showing us to deserve all the money we are talking about
throwing at them.


Harry has a very broad paint brush because it serves his POV.

You are 100% correct in your analysis.

Good on you.

Eisboch




Not a day goes by without one or two significant corporations either
going teats up or coming close to it. Maybe the corporate model we have
is...flawed.

There is nothing wrong with the model except that nobody want to let the
model work by utilizing its self correcting feature. Bad corporations
fail by going bankrupt. Too bad bad employees can suffer the same
correction by being fired.