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July 28, 2010

General Motors Should Focus On Selling Cars To Consumers Who Can Afford The Vehicles

"Making questionable loans, with taxpayer money, in order to buttress sales during a recession is not a sustainable business model and is an abuse of the government bailout. GM should focus on selling cars to consumers who can afford the vehicles."

in Los Angeles Times

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.
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