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Old 11-24-2008   #207 (permalink)
roni
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Join Date: Feb 2003
Location: Oregon
Posts: 59,680
When it comes to the economy and saving jobs and the like right now

The Powell Doctrine is in play.

Go in with overwhelming force in the short term. Providing financing to the big three is part of that - and not just minimalist loans to keep them afloat for a few months.

Whatever is necessary, both in terms of loans, public ownership (ala the banks), and joint processes to switch business models and products.
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