Three Reasons Not to Bail Out General Motors

Click image to view article. After reading an article in today’s edition of The Moscow Times (see graphic at right), I came up with three good reasons why at least one of the “Big Three” automakers — General Motors — should NOT receive any portion of a proposed billion bailout from the federal government: Reason #1: GM is, according to a recent CNN article, pouring some 0 million into the plant near St. Petersburg, Russia.  Coming from a company that reported 2007 pre-tax earnings of $

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