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It depends on HOW a bailout is structured, but one should be attempted.
BAILOUTS ARE COMPLEX BEASTS, but Try something outside the box like this to save the U.S. Auto Industry - - -
http://pacificgatepost.blogspot.com/2008/11/sol...
Toyota and Honda also depend on the same suppliers who feed GM and FORD. No need to let “Detroit” disappear.
There is also much creative talent hidden inside the U.S. Big 3 that has been smothered by mismanagement and the UAW.