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Home / News / St. Charles Business Record / Our political system was not designed to take charge of GM

Our political system was not designed to take charge of GM

Corporate bailouts and government takeovers of private corporations go against the free enterprise philosophy that is at the very heart of our economic system. The rationale for the current unprecedented number of corporate bailouts - in the auto, banking and insurance industries - is that, with our economy reeling, major corporate blowups could be disastrous to ...

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