agree save gm for defense reasons. by and large industrial corps have come thru the recession in excellent shape. like rok. gm's problems go back decades. they did the best they could. we need to nourish manufacturer technology as the germans have.
otoh we can count on the banking system going on welfare every 20 years. You can Bank on it! Greedy execs coupled with government guarantees to depositors are a bad combination. Normal market forces don't work on banks so they need to be regulated better. Execs need to be paid more in restricted stock so they think long term. And many need to fail...DEAD! (maybe not now, but eventually)
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