Monday, December 8, 2008

Prepackaged Failure

GM, Ford, Chrysler and Congress seem to be inching toward some sort of bailout that would give Washington unprecedented control over these major American companies. This is no way to help Detroit. Congressional Democrats are desperate to bail out the Big Three — but even more desperate to bail out the automakers' unions. After all,the UAW spent more than $11 million in the last election cycle to elect Democrats. They're owed.

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