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Unions aside...The Big 3 made some very poor business decisions. Now, they are paying the price for those decisions. We are in a huge mess now and it is going to take some very severe measures to right the ship. Unfortunately, the prevailing trend is to bail out everyone...automakers, banks, wall street, mortgage companies, homeowners...the list will total trillions (that's alot more than millions and billions) of dollars.
My advice...save your money...stay liquid...prepare for the worst.
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