Barney Franke is a voice calling for more control of all companies that are too big to fail and have financial problems.
Wait, wait.
Don't we have bankruptcy that comes with bankruptcy judges and bankruptcy lawyers? Are there not different levels of bankruptcy?
Aren't there thousands of attorneys who specialize in balance sheets, fixed assets, tax laws, and the like?
Why does government - let me make that Government as it's getting bigger and bigger and further into debt - even think it is the best option for running a company? Any company.
Barney, you got some 'splanin' to do. If the government had not forced banks to make unhealthy, unlikely bets on mortgages for the unemployed, there might still be a healthy Freddie Mac/Fannie Mae. Let's take your fingerprints. I believe your hands were deep into the pressure that started the fall of the house of cards.
Bankruptcy. Professionals are available that have led the likes of United Airlines through the valley and out again. Bankruptcy.
Why does Government need to be the answer. Are they all insecure and afraid of losing elections? They should be but too many are dooped into making our leaders into saints. There are no saints in Congress.
'til later
Thursday, March 26, 2009
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