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Yes, the CEO was appealing to fear in order to put tax-payer money into his company, and I certainly don't think we'd see a depression "the likes of which this country has never seen" (or something like that); but an auto company going under certainly would have a huge effect on our economy. I don't support the auto bailout, but I would like to hear more (from someone without stock in the auto-makers) about what would happen if one of the big three goes down.
By JoeA

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