Why the Auto Bailout Would Be a Big Mistake

Detroit's Big Three automakers returned today to Capitol Hill to take another stab at getting $34 billion dollars of your money. Now I happily pay taxes for a good cause. But bailing out the Big Three? Give me a break. This week, when the CEOs descended on Washington to plead for money, they came by car. "I'm proud to say that I drove a hybrid here from Detroit," Chrysler CEO Bob Nardelli told reporters. I guess they didn't like the backlash they got last month when Brian Ross pointed...Full Story
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