EconWatch.com > Another View: Forget Ideology. Let's Fix the Economy - DealBook ...

[DealBook] Bush said, “I have abandoned free market principles to save the free market system.” His words and actions as General Motors and the rest of the economy careened toward an abyss embraced a realistic, pragmatic approach that is essential to recovery.

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[DealBook] G.M. Suspends Merger Talks With Chrysler - DealBook Blog - NYTimes.com: All of the commentators objecting to a government bailout of the Detroit 3 are absolutely right: the domestic automakers have been far more vulnerable to this year’s crash than the competition due to decades of bad management, and it would be absolutely unfair to help them when others are in equally bad shape. Hopefully though the Federal government will ignore this thoughtful advice, as it ignored comparable objections to bailing out Wall Street.

[The Housing Bubble Blog] The Housing Bubble Blog » Bits Bucket For October 25, 2009: Treasury spokeswoman Meg Reilly said “Treasury recognizes that Chrysler Financial is continuing to operate in the normal course of business while acknowledging that the origination of new retail and wholesale lending for Chrysler Group LLC is being handled primarily by GMAC. Treasury also notes that Chrysler Financial will continue to service its obligations to its existing lenders as required by its outstanding loan agreements.”

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