Thursday, November 13, 2008

No More Bailouts - Let The Auto Makers Fail

I for one will be very happy to see the big auto makers go, they have done irreparable harm to this country. It's the big auto makers bought off city councils and mayors from sea to shining sea for fifty years, blocking public transportation, local and long distance. They have always contended whats good for GM is good for America; really? Wasn't it GM who killed the electric car?

This may be it for GM and the rest, but with politicians accustom to shaking greased palms of car company execs you can bet they will drag it out for as painfully long as they can. Here's Peter Schiff on the subject.

No comments: