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Timely Old News

April 1, 2009

It’s a weird stage of things when the German Chancellor sounds less inclined towards socialism than does the President of the United States (French Cowboy’s emphasis):

German Chancellor Angela Merkel confirmed Tuesday that her country’s government was willing to provide financial guarantees to help General Motors Corp.’s Opel unit, but she rejected calls for the state to take a stake in Opel as part of a possible bailout. “The state has never been a particularly fortunate entrepreneur,” Ms. Merkel said during a visit to Opel’s main plant in Rüsselsheim, Germany.

Messieurs Obama and Geithner, are you listening?

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