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Okay, if this loan is such a good deal, then here's my proposition to GM and the Feds.
Make the $25 billion loan to GM, but do it in a way so that the monies used to make the loan are taken directly from GM or its employees over time. I mean, GM says 2.5 million Americans will lose their jobs if GM goes under. The way i see it, each of those 2.5 million people would surely be willing to forego $10,000 each to ensure their employer stays in business and they are able to keep their jobs. $10K seems like very little to lose in the short term compared to how much they would lose if GM goes under, don't you think?
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