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Old 03-22-2009, 12:38 PM   #88
Phanuthier
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Join Date: Feb 2002
Location: Silicon Valley
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Quote:
Originally Posted by Jedi Ninja View Post
Bailouts for the banks are one thing... it wasn't the loss of a bunch of banking jobs that they were worried about, but, rather, a wholesale collapse of the banking system, which could lead to total economic collapse.
Yeah, I'd agree. With insurance and banks, they need the bailout (or nationalize them) to keep from the entire economy from collapsing. GM? I don't see the point. If the issue is with the suppliers and not sinking the entire car industry, then help out the suppliers (not give them money, but help with the transition to kill off GM)
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