http://www.freep.com/article/2008112...1230371/?imw=Y
The sense of entitlement in that article is pretty off-putting. The claim seems to boil down to because Congress has wasted other money it makes sense to hand it over here as well.
And some of the things he mentions, I guess as analogies, don't really work. Approving a merger between Delta and Northwest, Alabama tax breaks?
What are we really talking about with the Detroit Three? Keeping them in business and guaranteeing employment for their workers until such time as the national economy is in better shape overall and can absorb the general job loss better?
Does anyone really believe those companies are going to turn it around and be self-sufficient and profitable? On what would that hope be based? Even the recent fuel price/SUV problem mirrors what happened in the 1970s.
The companies really do need to show how they plan to recover, if they can, to justify giving the money to them.
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