{"id":406,"date":"2008-11-12T07:06:24","date_gmt":"2008-11-12T12:06:24","guid":{"rendered":"http:\/\/toddsingleton.net\/chronicle\/index.php\/?p=406"},"modified":"2008-11-12T14:36:07","modified_gmt":"2008-11-12T19:36:07","slug":"here-we-go-again-too-big-to-fail","status":"publish","type":"post","link":"https:\/\/toddsingleton.net\/chronicle\/2008\/11\/12\/here-we-go-again-too-big-to-fail\/","title":{"rendered":"Here we go again. &#8220;Too big to fail&#8221;."},"content":{"rendered":"<p>This <a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601087&amp;sid=a6QTsj05Md04&amp;refer=home\">Bloomberg article<\/a> uses the headline phrase a couple of times to detail the economic woes of General Motors. Here&#8217;s the deal: If they manufacture unattractive, over priced cars no one wants to buy then the company will fail regardless of another government bailout.  The big question is: How is bailing out GM, using tax payer dollars, going to make people want to buy their unfordable autos in a time people are struggling and can&#8217;t assume a new car payment even if they qualify for an elusive loan? Simple, it won&#8217;t.<\/p>\n<p>Enough with the bailouts.  STOP THE MADNESS.  No company is &#8220;too big to fail&#8221;.<\/p>\n<p>On another note related to this article: Obama I like.  Pelosi can burn.  Don&#8217;t be surprised if they do not get along.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This Bloomberg article uses the headline phrase a couple of times to detail the economic woes of General Motors. Here&#8217;s the deal: If they manufacture unattractive, over priced cars no one wants to buy then the company will fail regardless of another government bailout. The big question is: How is bailing out GM, using tax &hellip; <a href=\"https:\/\/toddsingleton.net\/chronicle\/2008\/11\/12\/here-we-go-again-too-big-to-fail\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Here we go again. &#8220;Too big to fail&#8221;.<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,6],"tags":[],"class_list":["post-406","post","type-post","status-publish","format-standard","hentry","category-money","category-politics"],"_links":{"self":[{"href":"https:\/\/toddsingleton.net\/chronicle\/wp-json\/wp\/v2\/posts\/406","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/toddsingleton.net\/chronicle\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/toddsingleton.net\/chronicle\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/toddsingleton.net\/chronicle\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/toddsingleton.net\/chronicle\/wp-json\/wp\/v2\/comments?post=406"}],"version-history":[{"count":0,"href":"https:\/\/toddsingleton.net\/chronicle\/wp-json\/wp\/v2\/posts\/406\/revisions"}],"wp:attachment":[{"href":"https:\/\/toddsingleton.net\/chronicle\/wp-json\/wp\/v2\/media?parent=406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/toddsingleton.net\/chronicle\/wp-json\/wp\/v2\/categories?post=406"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/toddsingleton.net\/chronicle\/wp-json\/wp\/v2\/tags?post=406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}