Monday, November 23, 2009

GM raises interesting questions

I like this op-ed about what GM owes the public for its bailout: "Taking Taxpayers For A Ride." I am not steeped in knowledge about the auto industry, but I view the GM/US Gov't relationship as a sort of metaphor for the gov'ts market involvement in general. I also find it particularly gauling, and ridicoulous, that the banks and now GM think they can just wish away their debt to the taxpayer by repaying some small token amount and making headlines.

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