Wasn't Ali or someone praising THQ rebound recently in that thread?  Now they filed bankruptcy and down 73% on the day. 

We were all pretty aware that THQ was in a dire situation, but the rebounds gave hope. I don't remember anyone thinking it meant all was well again though :)

Most politicians don't understand the same things you don't understand when they're elected to office.  Especially if you live in a term-limited state, it's doubtful that they'll actually know how things work by the time they leave.

And one of the key things you need to know about the economy is that a reorganisation bankruptcy is not bad! THQ can reduce or eliminate debt, more easily lay off or renegotiate with employees, and in general focus on a few profitable projects and their valuable IP.

Chrysler and GM seem to be doing decent after their 2009 bankruptcies.  Chrysler lucked out with Fiat and GM seems to taking a better approach at selling cars that people actually want (not just focusing on gas guzzling SUVs and trucks).  I'd rather see failing companies file for bankruptcy than getting bailed out by the government.  I remember when US automakers (mainly GM and Chrysler) kept going back to Congress begging for more money every month or so just to keep them afloat.  I understand there can be a turnaround after bankruptcy but it seems like someone might need to buy out THQ for their IPs. 

Defintions did certainly help!

Thanks everyone :)

That's OK, nobody knows everything and perhaps many know less than we think. Most stuff that is said off of those topics come from people's own grasps of the issues, understandings and opinions. So don't be afraid to share your own point of view... we can only form our viewpoints based off information that is available to us.

For example... I don't engage or try to hurt my head too much about politics because just seems like to me both sides (parties) are full of crap and unintentionally/intentionally trying to put a knife into the American people. My lack of faith comes from the fact I have no idea why the hell these retards can't get shit done... other than the fact they're all too wrapped up in their own self-aggrandizing political shitfests.

As someone else mentioned, read the news, do research, read about history...  basically, it just requires having interest. Don't believe everything you read though.

This.

Personally I can't stand politics. I'm a Physics student and I'm interested in anything science. Most of  my friends who are Physicists also don't want to have anything to do with politics/economics. Its not that its hard to learn (not much seems hard after you go through quantum mechanics), but rather its ugly and a complete mess made by people.

Don't feel bad. Most Americans don't know anything about politics or the economy. 

If you want to know more about how government and economics work, first learn your history to understnad how things came to be. Other than that, use the internet. The internet has more information than people know what to do with. However, if you choose to learn from wikipedia, check the source material first to make sure the article is worth reading. As far as economics is concerned, with the way the world market works, very few people actually understand it (myself included), so you're not alone there.

This last election proves how little understanding we have about everything. What confusing message did Americans send to the rest of the world? We're pissed off about our government, but we're still willing to vote for the status quo. The Democrats still control the White House and Senate while the Republicans still control the House. Worst of all, a lot of the more negotiable moderates got voted out in favor of more one sided candidates. Most Americans also said they would have loved to have a third party alternative, yet despite having Gary Johnson's name on the ballot in all 50 states, he got less than 1% of the vote. So, that was the message and I heard it from most people. "I'm not voting for him because I know he's not going to win", or "I'm voting for the lesser of two evils."

Regardless if you know about politics or not, they will still effect your life. So you might as well know about them, and that way hopefully you can have some influence and decisions. And so you don't become a victim of them.

One misconception in my opinion is 'there are two sides.' I think this is an oversimplification. Sometimes there are times when one side isn't clear, sometimes there are many more, and sometimes there really is one valid opinion.

Personally, I think the Wall Street Journal *was* a good news source. But they have been bought out by Rupert Murdoch and another victim of his propaganda machine. I would recommend The Huffington Post over them, (www.huffingtonpost.com) but they might be changing soon too.

Can you get NPR or PBS where you are? They have been corrupted by right wing politics too, but do their best to stay in the middle. Although some people think they are 'left wing.' I think those people really don't understand where the true leftist are.

Also, read your state and/or country's constitution. Probably best to start at the beginning, and congratulations for showing initiative.