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Dice Rolled with Government Takeover of GM

“President Obama will push General Motors into bankruptcy protection on Monday, making a risky bet that by temporarily nationalizing the onetime icon of American capitalism, he can save at least a diminished automaker that is competitive.” (New York Times, Monday)

Betting other people’s money is exciting!

FEE Timely Classic
“Can Government Deliver the Goods?” by Hugh Macaulay

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