Comments on: Bailout Watch 111: NYT: Hold Motown’s Feet to the Fire

By: Raskolnikov

Raskolnikov — Mon, 06 Oct 2008 15:32:26 +0000

Forgive me for not reading the NYT, but have they suggested similar wisdom for our recently “bailed out” friends on Wall St?

By: Jeff Puthuff

Jeff Puthuff — Mon, 06 Oct 2008 14:39:47 +0000

Aren’t tax credits and free markets mutually exclusive?

By: Geo. Levecque

Geo. Levecque — Mon, 06 Oct 2008 12:28:57 +0000

I think the NY Times has it right, I read the article this morning and tend to agree that the Big 2.8 will try and devert these funds to other uses, the Pork Barrel life continues!

By: dwford

dwford — Mon, 06 Oct 2008 12:08:15 +0000

This bailout is providing free healthcare to 100,000s of workers at union factories all over the country. It will also keep 1000s of dealership workers employed for a while longer.

…not that it makes it right…

By: John R

John R — Mon, 06 Oct 2008 12:03:42 +0000

Again, how about we give end users a tax credit and let the free market sort this shit out?

+1. I don’t want to see the States without an auto industry, but there is such a thing as a “Moral Hazard”. I don’t get rewarded for mismanagement at my work.