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If you think about it a dollar bill used to be based on the promise of the US government to pay gold for script. We went off the gold standard decades ago. Now any bank can manufacture cash out of thin air. We were told this magic money was perfectly safe. We now know it wasn’t.

The potential bailout of the automobile industry better include a thorough plan to bring the American automakers back to profitability. Otherwise, it’s a waste of taxpayer money.