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Bailing Out in the Real World

Eschaton found this 11/17/2008 on yglesias.thinkprogress.org

I feel like some of the commentary on the prospect of an auto industry bailout is starting to remind me of some of the stuff I fell for before we invaded Iraq. The kind of thing where someone yes, “yes this sounds like a bad idea, but if we do it like this and like that and like this ...