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I think we should loan it to them under strict guidelines. There should be reports back to us about how they are spending the money and what they are doing with it and there should be information on what kind of re-tooling and restructuring they are doing. They need to rethink their business from the top down and those strings should come attached with the money.
In the end this industry is one of the backbones of our country, we really need it to survive and as someone pointed out earlier, Obama needs Michigan and Ohio to win elections the people there will not look to kindly on him turns his back on their industry.
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