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The Problem Is Entitlement

Posted by Janus on Thursday, November 20, 2008 in Fiscal Policy

Warning: The following could be considered a rant. Those of you who read this blog for the dry, thoughtful, “just the facts” tone of my posts may want to look away.

My problem with the auto bail out (on top of my problems with bail outs in general) is that the companies are not financially viable – and they’re not viable for a reason. Everyone who has anything to do with them has a sense of entitlement.

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