Archives for: August 2011, 05
Too Big To Fail, or Too Big To Function?
08/05/11 17:20, by OGRE, Categories: Welcome, News, Background, In real life, On the web, History, Politics, Stimulus Spending, U.S. Economy, Financial Reform Legislation Is the US government "Too Big To Fail?"
As I see it, Too Big to Fail means "Too Big to Function" I think the term was coined to encompass a situation where poor decisions land an abnormally large group of people in a bad situation. The answer (at lea… more »
Planned Obsolescence
08/05/11 06:02, by OGRE, Categories: Welcome, News, Background, In real life, On the web, History, Politics, Stimulus Spending, U.S. Economy, Financial Reform Legislation It's already starting; Moodys is starting to point to a downgrade in the US "AAA" bond rating. Strange considering that borrowing more was supposed to fix the credit problem. The US is starting to operate a lot like General Motors. The government has ma… more »
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