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The Chyrsler Bailout - Why It Tells Us the Current Bailouts Are Mistakes
Heritage Foundation ^ | July 13, 1983 | Hickel, James K.

Posted on 09/18/2008 6:59:12 AM PDT by Brookhaven

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To: hedgetrimmer
"Better nationalized, than sold off to foreigners."

LOL

21 posted on 09/18/2008 9:34:01 AM PDT by 1rudeboy
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To: 1rudeboy

Thanks to “free trade” we lose no matter what we do.


22 posted on 09/18/2008 9:46:51 AM PDT by hedgetrimmer
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To: hedgetrimmer

Right. Freddie and Fannie failed because we import too much stuff.


23 posted on 09/18/2008 9:59:43 AM PDT by 1rudeboy
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To: 1rudeboy
Right. Freddie and Fannie failed because we import too much stuff.

Maybe some truth there. The loss of manufacturing jobs and the stability to local economies from the production of goods made the home prices unsupportable by US citizens.
24 posted on 09/18/2008 11:00:42 AM PDT by hedgetrimmer
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To: DakotaRed
From what I hear today, Unions are deep into the pockets of the automakers and demanding more.

Actually unions have given up much in terms of wages and benefits/pensions over the last 10 years. They have come to the realization if they did not they would be out of a job.

Delphi worker at one time had something like 10-13 weeks paid vacation per year and now it's something like 5 weeks.

The last few times the automakers went to the unions the automakers have come out ahead in negotioations.

25 posted on 09/18/2008 11:03:02 AM PDT by am452 (Pres Bush: Why more importance on protecting Georgias border than our own?)
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