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The Govt should take all the highly paid execs and take their money, estates, and stocks first and use that towards their bailout. Limit their personal incomes to $50K and the rest of profits should go towards the company and the govt. payback. The crazy pensions should be cut down to a reasonable income for two persons (~$30K). Then the Govt should babysit the big 3 with Govt workers to make sure that they are running the companies wisely. Either way, the Govt needs to make sure these companies stay alive. It's not just cars were talking about. Its all the other comapnies that rely on the auto industry. Steel, other metals, plastics, paints, glass, textiles, electricity, petroleum, electronics.. the list goes on. If these companies go under, not only with the auto industry fail, the supporting industries will fail. With all the lost jobs and the heavy increase of unemployment checks will decapitate the economy. They're talking about another possible depression.
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