ROTFL-Deserving Items

Monday, July 14, 2008

Too Big to Fail Fallacy

Too Big to Fail Fallacy.

America could fail.
Yes - this is my bear speaking. The worst in my pessimistic nature speaking out.
But America could fail - because their corporations were allowed to drink the same Kool-Aid that their politicians drank. All the while the politicians and governmental officials are playing Russian Roulette.

As noted by several pundits and writers already, this "too big to fail" fallacy is costing America more than we can count. Moral hazard is too abundant.
Now for some real awesome extrapolations to come later on............

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