The Rusted Musket

Featuring the political intrigue and hardy thoughts of our contributing writers

Bailout or Simply a Bad Loan?

Posted by Russell On November - 19 - 2008

Charlie Sykes has an interesting piece on the auto industry “bailout”…

As they say here, this isn’t a “bailout” of the auto industry so much as it’s a “bailout” of the UAW. Until the problems with the UAW are resolved (and yes they are major problems) this is simply a proposed loan for a few companies that will more than likely never be able to pay it back. Here’s to hoping the Republican party will hold their ground against this “bailout”…

One Response to “Bailout or Simply a Bad Loan?”

  1. B says:

    Great blog Russell, Bogus on all levels, the graph says it all…

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