Tuesday, December 9, 2008

Organized labor did not deal the financial 'house of cards'

People might not be buying cars because they can't get loans because banks aren't lending because they bought securities backed by mortgages that failed and shouldn't have been made to people who couldn't pay them by mortgage loan companies interested only in generating fees and passing the worthless buck onward until the house of cards fell. Got that? Whew!

It's not the fault of the guy on the assembly line. More


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