Tuesday, December 9, 2008

Making a bad idea worse

Bailing out automakers for their bad decisions in a bad idea. Putting the federal government in charge of them is even worse.
Congressional Democrats and the White House worked to resolve their last disputes Monday over terms of a $15 billion bailout for U.S. auto makers - complete with a "car czar" to oversee the industry's reinvention of itself - that's expected to come to a vote as early as Wednesday.

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