On Sun, 15 Jan 2017 21:49:41 -0600, Leon lcb11211@swbelldotnet
wrote:

On 1/15/2017 7:40 PM, Bill wrote:
Leon wrote:
On 1/15/2017 3:20 PM, Bill wrote:
Electric Comet wrote:
birds of a feather flock together so now craftsman stanley and black
decker will all become equally crappy

but i wonder if the craftsman tools with lifetime guarantee will still
be honored or will they just throw that out and go for complete
mediocrity

If you just spent 900 million on the company, what would you do?

What you paid for a company has nothing to do with whether you honor
old guarantees/warranties or not.

You may or may not be obligated to honor those warranties.

You are simply the new owner of the company, the company still has
legal obligations.


I think this is a good issue to work on after you've protected our
social security benefits from possible default.



I seriously doubt SS will ever default. The government has run out of
money on numerous occasions and elected to go further in debt to
continue business.

....and when people stop buying the debt, we just buy another tanker of
ink and do QE(N+1).

The government and or SS will never run out of money, so to speak, it
will simply borrow or circulate more money to pay off debt. This is how
the dollar has been loosing value for decades. Every one pays that debt
by loosing buying power.