Posted on 06/04/2009 10:49:17 AM PDT by h20skier66
Excerpted from:
http://www.commoditynewscenter.com/articles/Insight/Barack%27s_Obama%3B_The_New_Iraq?page=1
Exit Strategy; noun - A plan for removing oneself from a difficult situation if it arises- 1. "The method by which a venture capitalist or business owner intends to get out of an investment that he or she has made in the past."
"Though Mr. Obama's comments are sound in principal, how will they play out in practice? Never once (to my knowledge) has there been a detailed discussion of what the government's exit strategy at GM will be. Not once have the US tax payers heard a reasonable explanation as to how they will get out of owning 60% of General Motors. But most importantly, not once during the "bailout era" have taxpayers heard a concrete solution as to how they will ever get any money back from any of their new found private industry holdings."
(Excerpt) Read more at commoditynewscenter.com ...
I think we need to demand a timeline.
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