Thursday, November 20, 2008

INNNNNNteresting...

So, it looks like the bailout of Ford/Chrysler/GM is goin' down. All of a sudden, Congress seems to have decided to spend less like drunken sailors for a while.

Wonder why that might be. Is it that their constituents are calling them up and giving them holy heck, or could it be that they and/or their cronies have no friends currently highly placed in the auto industry, and therefore in line to benefit from any kind of a bailout?

Me? I don't know. I can kind of see both sides of the issue. I worry a bit what might happen if the Big Three went away - already we make so few things in this country (though it seems increasingly that Honda and Toyota want to). But then again, the bailouts must stop, and I'm glad the slippery slope doesn't seem to being greased at the moment.

1 comment:

The Fifth String said...

Congress seems to have decided to spend less like drunken sailors for a while

That's not fair to drunken sailors. At least they spend their own money. [/Reagan]