Too Big To Fail

**~~hawgballs~~** · 03-25-09, 01:52 PM

Originally Posted by K0nTANK3Rous

omg..a socialist advocate...wtf are you even in the US for.

Research, hell, maybe you could even read the posts above his. He isn't "in the US", he is "in Europe".

So since when is it un-American to believe that there are some good "social" policies. If you don't believe in the right to free thought, I must ask........"wtf are you even in the US for"?

**Blakeman** · 03-25-09, 02:03 PM

Originally Posted by hawgballs

Originally Posted by K0nTANK3Rous

omg..a socialist advocate...wtf are you even in the US for.

Research, hell, maybe you could even read the posts above his. He isn't "in the US", he is "in Europe".

So since when is it un-American to believe that there are some good "social" policies. If you don't believe in the right to free thought, I must ask........"wtf are you even in the US for"?

Agreed, there are Socialist and Communist Parties in the US. It doesn't get very far as far as getting folks in office, but they are around and there are folks that agree with them.

**K0nTANK3Rous** · 03-25-09, 02:10 PM

holy shit, brother Farrakhan...that was a joke.

jesus

**MotoZ** · 03-25-09, 05:10 PM

Originally Posted by Oradi

If the companies were to fail, would anyone loose money? Otherwise, would all debts be forgotten?

This is an interesting question. Politicians have asked that as well regarding AIG and real estate values.

AIG is an insurance company. If an insurance company is allowed to fail, what is the effect on the value of the insured assets? To state it differently, why should we care if an auto insurance company fails? It won't affect the value of cars, will it?

I'm not asking you. I'm simply pointing out that you are already close to knowing as much about economics as some politicians. Having the courage to ask a question is something to be proud of.

**Red_Lizard2** · 03-25-09, 10:55 PM

i read somewhere, though i need to find more about it, but IIRC AIG was a big provider of 401ks plus did plane leases or something and a crap load of other things.

Plus look at it this way, if say, Wal-Mart were to fail. Well you would see huge amounts of unemployment, market probably go into the shitter, the whole 9 yards. I mean i live now in a small town where the biggest employers are Freeport-McMoran and Wal-Mart. If Wal-Mart failed it would probably cripple the town.

But if Wal-Mart was broken into, say 4-5 companies (for sake of an example you would have Wal-Mart, Jim Bobs, Billy Ray's, and Mic-Mart) then if Wal-Mart failed, it would have less of an impact because THEY would have less of an impact on the market. My Personal opinion.