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Planes, Trains, and Automobiles: Sometimes Bailouts Work - The Plank on TNR.com

by @ 10:48 am on March 31, 2009.
Planes, Trains, and Automobiles: Sometimes Bailouts Work
The Plank on TNR.com, DC
In today's New York Times, David Sanger analyzes President Obama's plan for the ailing domestic auto industry. And the historical precedents, Sanger suggests, are not encouraging: "In the past, the United States government had briefly nationalized

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