I have never believed in bailouts of any kind. I was furious when McCain played his little drama of "saving them" during the campaign, when Bush, the GOP and the Dems all decided to allow them and now, with Obama for continuing them. It is not the place of government to interfere with business. If a business is well run, it will prosper. If not, it will fail and a better one will take its place. I would like to hear from Mr. Obama's supporters as to why they think the bailouts of GM & Chrysler (and dictating business terms to them) was in any way positive.
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