[Zakeet]

Article's conclusion: If our politicians can't avoid throwing taxpayer cash at Detroit, then they should at least do so in a way that really protects taxpayers. That means handing a receiver the power to replace current management, zero out current shareholders, and especially to rewrite labor and other contracts. Anything less is merely a payoff to Michigan politicians and their union allies.

[Armando Guerra]

Reminds me of Reagan’s old line about the government’s philosophy: “If it moves, tax it. If it keeps moving, regulate it. If it stops moving, subsidize it.” Sounds very applicable here.

[grellis]

If you would like to be added or dropped from the Michigan ping list, please freepmail me.

Bailout thread for 11-10-08

[LiberConservative]

The union thugs have their hands out in return for their votes. The “big” 3 are going to get their bailout.

[ken21]

bad management and unions caused the problema.

let all 3 go down, and drive hondas, toyotas, etc.

new auto co’s would rise to the occasion,

w/o unions.

unions suck. they get more wages for less work, and we’re stuck with their communist politicians.