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  • The Lending Lunacy Continues as GMAC Gives Out More Bad Loans [View article]
    Encouraging people to spend money they can't really afford is no way to get America out of its problems.

    Our country needs to downsize its consumption profile to get healthy longer term. This only delays what's needed to get to the recovery period where consumers' balance sheets will, once again, be solvent.
    Jan 01 08:20 am |Rating: +7 -1
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