Tag: GM

Clunkers, Health Care and Uncle Sam

by on Aug.20, 2009, under National

Have you noticed any correlation between the “Cash for Clunkers” program and health care reform?

Some months ago, there was a crisis in America: US auto makers were in trouble. Uncle Sam’s solution was to provide billions of dollars to carry Chrysler and GM through the troubled times. This did not prevent the bankruptcy of both companies and the subsequent revision of bankruptcy law to (continue reading…)

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