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You guys do realize that "bail out" money is not just money straight down the toilet, right?
Much of it is loans and purchasing of existing debt. When you buy a mortage, you don't write down the entire value of the house. The houses may be worth less, but they still have a value.
The auto industry has to pay back that money. The last time a loan was made (Chrysler) it was actually paid back ahead of time.
So you're not talking about money staight down the toilet like many of you seem to think.
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