[Peace-discuss] Auto bailout - gas guzzlers
guzzling more than gas?
Karen Medina
kmedina at illinois.edu
Sat Nov 15 12:27:01 CST 2008
Ricky wrote: >
http://www.bloomberg.com/apps/newspid=washingtonstory&sid=aBlCucXR33Jw
"The failure of those companies would likely bring down parts-makers, dealerships
and suppliers in addition to inflicting a deep psychological blow."
The whole argument about "too big to fail" is frightening. I think there should be
restrictions on how large any company / bank can become. Wouldn't a bunch of
smaller companies create a more competitive environment? Allow the industries to
change directions a bit faster? Spread out the profits? Have fewer extremely high
paid individuals? Be kinder to their workers? Lay off fewer people in hard times?
-karen medina
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