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SWBTATTReg

(26,001 posts)
4. I am surprised that anything involved w/ electronics got this much in investments being ...
Wed Jul 4, 2018, 07:58 AM
Jul 2018

that electronics and the average age of such electronics is so low, before being replaced or becomes out of date. You would be better off putting the 4.5 billion into a CD guaranteeing probably 3 %, or this would have generated roughly 135 million a year.

Wonder who is going to be paying the lost $135 million income a year, as well as the $4.5 billion in principal that's gone now.

I mean, it's okay to help invest in private enterprise for large businesses but in electronics? Ask Springfield MO about investing in electronics (TVs back in the 1970s etc.). I don't recall the specific manufacturer then (Zenith or Magnovax (spelling ?)), but they were a big jobs company in Springfield back then. Gone by the wayside a long time ago and lots of jobs lost, lots of pain.

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