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Outrage over U.S. bailouts

October 05, 2008

What happened to our market economy? How many businesses is the national government supposed to bail out when their own greed and incompetence causes failures? ("House OKs aid plan for automakers," Sept. 25.)

Consumers voted by buying reliable, fuel-efficient foreign cars, and the car manufacturers still didn't get the message. This $25-billion handout may be a drop in the bucket compared to the $700-billion Wall Street buyout, but to the citizen taxpayer already facing an astronomical national deficit, it is a lot of money.

Judith Fenton

Costa Mesa

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