Businesses that are too big to fail.

MGLICKER

Wonder if Ebay would qualify. Sears/Kmart? All the airlines......some of the Airlines?

GE is a given, what about Disney.

AIG set the precedent for insurers so I guess that they are safe.

Mention had been made here and on the Coin Forum about a large bullion dealer that may be in trouble. I suppose that they would not qualify.

BlackBeard

McDonalds. The US would have 5 extra cows annually if they went out of business.

cohodk

Lobbying.

MGLICKER

I think Sears holdings may be the next test. Though no longer really important as a retailer, the job count is significant.

DrBuster

Kraft, KO, Pepsico, Nestle, P&G. Those 5 alone represent more of your grocery store than folks think.

drwstr123

GE...

ricko

Actually, none are too big to fail. There are only those that politicians and their moneyed support deem necessary to save for personal financial reasons. Cheers, RickO

OPA

<< <i>Actually, none are too big to fail. There are only those that politicians and their moneyed support deem necessary to save for personal financial reasons. Cheers, RickO >>



Very cynical response. If the Feds allowed AIG to fail, I believe it would have created a world wide ripple affect not seen since the great depression.

MGLICKER

<< <i>

<< <i>Actually, none are too big to fail. There are only those that politicians and their moneyed support deem necessary to save for personal financial reasons. Cheers, RickO >>



Very cynical response. If the Feds allowed AIG to fail, I believe it would have created a world wide ripple affect not seen since the great depression. >>



If opposing communism earns the label of cynic, sign me up.

OPA

<< <i>

<< <i>

<< <i>Actually, none are too big to fail. There are only those that politicians and their moneyed support deem necessary to save for personal financial reasons. Cheers, RickO >>



Very cynical response. If the Feds allowed AIG to fail, I believe it would have created a world wide ripple affect not seen since the great depression. >>



If opposing communism earns the label of cynic, sign me up. >>



I'll be more than happy to sign you up as a: paranoid conspiracy advocate instead

MGLICKER

<< <i>I'll be more than happy to sign you up as a: paranoid conspiracy advocate instead >>



No doubt that you would. What time does Rachel Maddow come on in your market?

OPA

<< <i>

<< <i>I'll be more than happy to sign you up as a: paranoid conspiracy advocate instead >>



No doubt that you would. What time does Rachel Maddow come on in your market? >>



Who?

FYI..Communism had it's greatest influx of members all over the world after the Feds decided NOT to intervene during the late 20's & early 30's, bringing on the great depression. It's amazing how soon we forget what the end result was.

MGLICKER

All forms of bad governance have their apologists. This forum is certainly not immune.

jmski52

FYI..Communism had it's greatest influx of members all over the world after the Feds decided NOT to intervene during the late 20's & early 30's, bringing on the great depression. It's amazing how soon we forget what the end result was.

Communism had it's surge after WWI, when several of FDR's future cabinet became enthralled and went over to Russia to study the new soviet model of collectivism. Communism was feared in Germany in the late 20's and 30's because of what was happening in Russia, and we know the rest.

OPA

<< <i>FYI..Communism had it's greatest influx of members all over the world after the Feds decided NOT to intervene during the late 20's & early 30's, bringing on the great depression. It's amazing how soon we forget what the end result was.

Communism had it's surge after WWI, when several of FDR's future cabinet became enthralled and went over to Russia to study the new soviet model of collectivism. Communism was feared in Germany in the late 20's and 30's because of what was happening in Russia, and we know the rest. >>



True during the middle and later parts of the 1920's, However, you neglected to mention that it not only surged in Germany, but in France, Greece, Spain, England , most other European countries even the US after 1932. All brought on by the great depression when the Central Govt's decided to "keep hands off."

roadrunner

Too Big to Fail is passe.

It's now Too Big to Jail (TBTJ).

jmski52

However, you neglected to mention that it not only surged in Germany, but in France, Greece, Spain, England , most other European countries even the US after 1932. All brought on by the great depression when the Central Govt's decided to "keep hands off."

The reason that communism surged in many Western countries at the time is because it didn't have the track record of failures (and of mass political persecution & killing) that was established in the 1940s, 1950s, 1960s, 1970s & 1980s.

FDR in fact implemented or tried to implement many programs that were modeled after Russia's fledgling communist economic model. It was hardly a "hands off" decision. The TVA was created in direct competition with private industry, in the same way that obamacare exchanges now compete directly with private companies.

Some of FDR's programs were struck down as unconstitutional, including his Agriculture Act that even tried to tax the food raised in private gardens because it was being diverted away from "the common good". They also tried collective farming, which all failed when the farm workers discovered that some of them worked harder and others didn't work at all - for exactly the same wages.

It may be that the Fed kept hands off of the money creation throttle during the 1930s, but FDR's administration was already preoccupied with micro-managing the economy in more structural ways.

Thank goodness that Bernanke is so much smarter than anyone ever was before him. <sarc off>