Tuesday, March 10, 2009

John McCain On the Bailouts: Stop Propping Up AIG, GM, Banks

“I don’t think they’ve made the hard decision, and that is to let these banks fail,” Sen. John McCain said on "Fox News Sunday." “I think the best thing that could probably happen to General Motors (GM) in my view is they go into Chapter 11, they reorganize…and come out of it a stronger, better, leaner, and more competitive automotive industry.”

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