Archives for: August 2011, 05
Too Big To Fail, or Too Big To Function?
08/05/11 17:20, by OGRE / (Jeff), Categories: Welcome, News, Background, In real life, On the web, History, Politics, Stimulus Spending, U.S. Economy, Financial Reform Legislation I wonder at what point all of the debt catches up with the US. Is the US government "Too Big To Fail"?
To me, 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 lar… more »
Planned Obsolescence
08/05/11 06:02, by OGRE / (Jeff), 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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