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5 Tech Companies That Could Use a Bailout
#3
Posted 18 November 2008 - 04:10 PM
I agree with number6. Enough is enough. I don't want to pay hi taxes for the rest of my life to pay the way for these rich companies to live hi on the hog. Even worse, I don't want my son to be burdened with the tax either. I understand the importance of the big three on many different levels, but these Tech companies will have to sort their selves out or consolidate! Any one else agree with my findings?
#5
Posted 18 November 2008 - 05:24 PM
The two main reasons I support the big 3 bail out is that they effect so many American jobs and also the fact that in WW 2, most of their factories were turned in to assembly lines for making war fighting equipment. That's a huge asset to lose if we ever got our backs against the wall again.
#6
Posted 18 November 2008 - 05:34 PM
That's true in the short run but it gets even worse when the Fed bails out somebody because than everybody is effected. They print more Federal Reserve notes and it devalues the currency (principle of supply and demand), destroying people on fixed incomes. The more they print the less value we have in our banks.
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