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  • Why We Shouldn't Bail Out the Big 3 Auto-makers

    11/16/2008 11:06:12 AM PST · by St. Louis Conservative · 84 replies · 1,960+ views
    The New York Post ^ | November 16, 2008 | Eric Torbenson
    That beeping sound you hear this week is the semi-truck being backed up to the Federal Treasury in Washington. After being filled with taxpayer billions, it's on its way to Detroit. A heaping bailout for the Big Three automakers - currently losing millions every day theyproduce cars no one wants to buy - feels like it's being gift-wrapped for the holidays.But the beeping sound you should be hearing is the heart monitor of the Big Three, slowing downto flatline. General Motors, Chrysler and Ford are such horrific financial wrecks that not even the Jaws of Life - and certainly not...