Industries engaging in poor business practices shouldn’t get bailouts

Six weeks after Congress passed an unprecedented $700 billion bailout bill to help stabilize American financial institutions and the economy, another industry appeared before Congress in hopes of receiving a cash infusion from the U.S. government.  During the week of November 17th, General Motors, Chrysler and Ford testified in the House and Senate about their joint request for $25 billion in loans to help meet operating expenses, payroll and settle accounts with suppliers.

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