Indications I've seen point to continued opposition to bailouts on the part of the American people - which Congress continues to ignore.
One thing which occured to me as I read Walter Williams' op-ed on the subject this morning: if Congress bails out Detroit despite American opposition, what makes them think Americans will want to buy their cars? If Americans are opposed to the bailout, might that opposition lead them to reject Detroit's products?
If GM, Ford and Chrysler's sales tank as a result, what was the point of the bailout?
Live Through the Pain
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*Editor's Note: There is a small but nonzero possibility that weather
associated with the hurricane brewing in the Gulf of Mexico will cause me
to miss a p...
10 hours ago
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