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Friday, December 12, 2008 12:00 AM

Timber! General Motors is falling

The automaker announces it will close most of its manufacturing plants for 30 percent of the first quarter of 2009. That includes a factory in Tennessee, by the way.

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  • Friday, December 12, 2008 11:10 AM

    moving to the concrete

    I bought a Prius because at $22k it was cheaper than most new cars. It has had no repairs and given me 48-50 mpg ever since.

    Are you saying that if I don't support a Washington bailout of Detroit I am in it for the UAW busting?

    Is everyone who bought a foreign car, or a southern non-union car, out to get unions as their primary motivation?

    Should I (as was suggested in another thread) happily pay my tax dollars to Detroit because "ask workers where they'd rather work?"

    I have sympathy for anyone in the path of history, I really do ... but it just doesn't work to bail everybody out. We aren't that rich. We have a $10T+ national debt. We really should be looking for the fewest things we can do with the maximum leverage to reinvent our economy. We should not put everybody and his uncle on life-support.

    You don't want Wall Street to get a better deal? Start calling on Obama to nationalize some of them (for the short term). That might be a path to reinvention too.

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