A Bankrupt Bailout

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This is an opinion item.

Author(s) Investor's Business Daily editorial board
Source Investor's Business Daily
Date December 19, 2008
URL http://www.ibdeditorials.com/IBDArticles.aspx?id=314581948234607
Quote
"But the fact is, the industry will now get money for doing nothing. No restructuring and no rewritten labor contracts, which are what the industry needs. This deal only buys time for the industry until March, when the loans come due."


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This item argues against the position United States should bail out the automobile industry on the topic Economic crisis of 2008.

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