Hmmmmmmmmm.
Given some email I received recently, Jim's article today seems tailor made for comment. But like Jim last week, I'm down on the farm, so I'll just say...
I'm no fan of chicken little cries of socialism. As for the rest...
Monday, November 17, 2008
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Our government buying stock in major industries are not "chicken little cries of Socialism". That is the definiton of Socialism.
Whether they do that, or simp-ly loan the Big Three money as was done with Chrysler, remains to be seen. I am thinkging the camels nose is already under the tent.....
I am curious why we would put a $ 25 Billion bailout plan into three companies that are only worth about $ 12 Billion combined.
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