Earlier quoted context omitted.
I own Boeing so I am much in favor of a bailout of them. They are a critical part of the US economy and national defense.
That's the trouble right there. Boeing are a lobbying organization that can't build functional airplanes but market incentives are aligned so that they receive bailouts anyway and can continue without serious internal reforms. You should lose your shirt over Boeing. It's not that the engineering expertise were lost if Boeing went belly-up, new companies would form. Consider Space X - Elon Musk built a rocketry compan…
Re: Stock Futures Hit Limit Down as Market Waits for Senate Aid Package
#11Sadly they will get bailed out. Look at what happened in 2008? They tried to send a message by forcing Lehmman into bankruptcy and that affected the entire citizenry. It seems to me they have realized that they have to bail everyone out or else we will all be affected.