View Single Post
mikester mikester is offline
Registered
 
mikester's Avatar
 
Join Date: Mar 2002
Location: My House
Posts: 5,346
Send a message via AIM to mikester
It IS an interesting conundrum that our government has gotten itself into.

The whole idea of 'too big to fail' bothers me to no end. If it is possible for a company to be 'too big to fail' then in my opinion - how did our regulatory environment allow a company to become so big that it is too big to fail. That's as bad or worse than allowing a monopoly to exist I think.

take for example our phone companies - cell phones in particular. Survey their prices - I just picked up a new plan for the wife - almost every carrier is withing a dollar or two of each other. There is no competition - it makes me ill.

I can never help but think 'Yugo' when I hear about how our government is propping up these auto companies.
__________________
-The Mikester

I heart Boobies
Old 06-01-2009, 07:44 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #9 (permalink)