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Wake up, all you anmal rights protectionists, it's time to let the dinosaurs die of natural causes of their own making. They have eaten everything in sight and now want the government to feed them. The Big 3, Goldman, Citi, BoA, J.P., etc are all unsustainable businesses. Just as the dinosaurs thrived in the lush forests and swamps, our megacompanies thrived in an environment of protectionism and unlimited cheap credit. Party's over.
Nov 22 09:52 am
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All Comments by axelrod608 »Does the Auto Industry Deserve To Be Bailed Out? [View article]
It's time for the agile, quick, innovative and lean to take over.
If Koreans or Japanese were running the Big 3, they'd be profitable. Without the debt load of course.
The ONLY Constitutional solution to solve overindebtedness is bankruptcy. It's time our government stopped trying to subvert the Constitution and put these unsustainable relics where they belong - in bankruptcy.