1 Haziran 2009 Pazartesi

Throwing good money after bad

So, we gave GM multiple bailouts of BILLIONS of dollars in order to keep them out of bankruptcy. So what is the ultimate result? Bankruptcy.

http://money.cnn.com/2009/06/01/news/companies/gm_bankruptcy/index.htm

Can anyone explain to me why this should NOT be seen as a colossal failure of both Bush and Obama policies?

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2 yorum:

  1. quizwedge1 Haziran 2009 14:46

    It allowed Obama to nationalize private business, so I doubt *he* (or anyone who thinks like he does) can see this as too big of a failure.

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  2. toni thatcher1 Haziran 2009 21:22

    They should not have taken it out of the experts in bankruptcy, the bankruptcy courts, hands. Because it wasn't, we now have political inequality established as precedent. Unless it is challenged by our congress it will only become the norm.

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