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GM governmental loan paid in full + interest.
#9
thecavemaster Wrote:Just so we're all clear, Right Wing Flirties: it is your position that GM should have been allowed to fail? The indicators are that GM is going to recover, going to become solvent and profitable. One would hope that they pay back the monies they owe via profits they earn, which, of course, requires some oversight and regulation. Picture a house on fire. A man in pajamas stands outside and waves the fire department folks go away, saying, "I am a libertarian."

I think everything that could have failed should have been allowed to fail.

People who saved and had no debt would be rewarded and wealth would be built when the economy recovered.
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GM governmental loan paid in full + interest. - by NEXT - 04-23-2010, 01:56 PM

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