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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. |
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