The Real Ford Position on Bailouts

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Thanks to Kevin Duffy for a reminder of what the great entrepreneur Henry Ford said on February 11, 1934: “Let them fail; let everybody fail! I made my fortune when I had nothing to start with, by myself and my own ideas. Let other people do the same thing. If I lose everything in the collapse of our financial structure, I will start in at the beginning and build it up again.”

8:29 pm on November 28, 2008