Sunday, December 04, 2005

Money Money Money, Money

In the finest tradition of American Free Market Capitalism, GM and Ford want a little welfare.

WASHINGTON - With Michigan flailing in the wake of Delphi Corp.'s bankruptcy filing and General Motors Corp.'s decision to lay off thousands, there are growing questions about whether the federal government is pulling its weight when it comes to engineering a rescue.

As Congress returns for its final two weeks of session Tuesday, many in Michigan will be looking for a sign that federal lawmakers are willing to help the auto industry instead of letting it founder like the U.S. steel and airline industries have.

I would like to point out that the Airlines were, in fact, the recipients of billions in aid in 2001, and since then all most everyone of them has fled into bankruptcy.

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