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Can President Bush afford to tap the TARP to keep the automakers afloat? (20 quotes)

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Yes (8 quotes)

Under ordinary circumstances, I would say [bankruptcy] is the price failed companies must pay...[But] these are not ordinary circumstances...Allowing the U.S. auto industry to collapse is not a responsible course. Read the Article

Quoted by brownlu on Dec. 19th, 2008

What are the main reasons that the auto bailout bill failed in the Senate? (13 quotes)

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Republicans stood on principle (6 quotes)

Can we kill it? Yes, conservatives did. Thank you, GOP mavericks, for leading the way. Read the Article

Quoted by johncapello on Dec. 12th, 2008

What does the future of the US auto industry look like? (6 quotes)

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Detroit is no longer the center (2 quotes)

What I actually said was that the concentration of the industry around Detroit would disappear. Read the Article

Quoted by johncapello on Dec. 8th, 2008

Should Congress tap the TARP for the Automakers? (5 quotes)

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Yes (1 quotes)

The administration has full authority under the TARP law to make a loan to the industry as some kind of a bridge loan. Read the Article

Quoted by brownlu on Dec. 4th, 2008

Has GM submitted a convincing turnaround plan? (6 quotes)

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No (4 quotes)

...the names of the plants that would close and those that would stay open, and which plants would make which vehicles...isn't in the "plan." How in the world does GM expect a group of politicians to spend billions on a plan that might turn aorund and close huge job providers in their backyards? Read the Article

Quoted by johncapello on Dec. 3rd, 2008

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