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11-19-2008, 04:44 PM
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#11 |
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Diamond Member
Join Date: Aug 2003
Location: Just outside the Metroplex
Posts: 5,539
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If you don't bail them out, along with the layoffs from the oil field industry (gas going back down, less drilling) -- then unemployment and major retirement packages are going to be gone. Government will end up either bailing out the companies, or bailing out the individuals via unemployment packages, etc.
I don't see a win win -- it is either lose, lose or lose, lose, IMO.
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