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November 27, 2009

Auto Bail Out

Yes, but it should be a loan with many stipulations. 1. They need to shift focus to alternative fuels 2. Executives should receive a 20% cut in pay that will be restored once their company has payed back the bail out loan (I say 20% because I estimate that to be the percentage that is not put towards their own personal bills) 3. All company documents should be open to the public. They can become private once they have payed off their debt. 4. The bail out money should come form the 700 billion already voted on. 5. The government needs to sever ties between the oil industry and the car manufacturing industry, it's the reason they are in this situation in the first place. I agree that there will be a lot of innocent people affected badly by a bankruptcy of the big three.

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