Obama: Auto Industry Bailout To Be Repaid To Taxpayers
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Obama: Auto Industry Bailout To Be Repaid To Taxpayers
One year ago, America's automakers were facing one of the worst sales slumps to ever hit the industry, the effects of which even caused two of them to file for bankruptcy. In response, the government attempted to bailout struggling firms in the auto industry by providing them with cheap loans funded by taxpayers. Americans were mixed about the...
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Last edited by Jazz; 07-30-2010 at 11:17 AM.