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Too big to fail by Mar Matthias Darin Too big to fail... That phrase has been in the news an awful lot lately but what does it really mean and is anything actually too big to fail? The phrase "too big to fail" is actually very misleading and false. The real phrase is "too big to let fail". AIG, Ford, GM, and Chrysler are all considered too big to let fail. But there is a very dangerous and hidden thorn here. With the United States Government bailing out these companies on borrowed money, it also now has the potential to fail through the devaluation of the dollar. You see, nothing is ever too big to fail or let fail and that is provable by history. If there ever was something that was too big to fail, then the Roman Empire would have assuredly survived to modern times. The United State Government is going down the same road as the Roman Empire. The entire Roman Government failed and collapsed. The United States Government is quite possibly at the precipice of doing the very same thing. Anything, irregardless of size, can fail no matter what we are describing. If its a business, then all of the employees suffer. If its a government, the the entire population suffers. The are countless historical events that prove this beyond reason. AIG, Ford, GM, and Chrysler are not too big to fail, they are too big to compete against business that have compensated for the economic turmoil the United States now faces. Each of the above four companies could have been saved, but government and corporate greed lead to their downfall. In the cases of Ford, GM, and Chrysler, the United Auto Workers union is the biggest reason for failure by forcing each of the auto makers to not be able to compete against Saturn (an American auto maker) and the foreign auto makers. When something is considered "too big to fail", it already has. Bankruptcy was considered not an option in the beginning of the bail-outs. Billions of dollars later, bankruptcy is now an option... Why did this situation take such a wasteful policy to decide that bankruptcy would have been the answer to begin with? Perhaps union greed should be considered as well as corporate and government greed... The mob was in control of the unions during the 1970s and I say they still are in control of the unions even today. I base my opinion of the clear mob style tactics unions use to invade businesses and harass non-union employees. As I said above, bankruptcy is now an option... The union bosses got their money so now its time to let the business and its employees sink... and most of the United States economic system with it. Remember, nothing is too big to fail... not even the United States Government. Top tags: fail, big, government, united, states, auto, bankruptcy, considered, union, business Comments from Mike 12.105.86.248 Very well said - corporate greed controls and dicates. Also all of the ever increasing regulations, politician mandates, etc. We need to clean up this mess - get rid of unions and get the government scaled back. Comments from PaulsHealthBlog.com 99.191.160.135 It seems that the only thing truly too big to fail is the federal government. Unfortunately. Paul Eat Well. Live Well. PurpleGreenPops.com Comments from Mar Matthias Darin Mike: Thank you. PaulsHealthBlog.com: Its not immune either.
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