Indeed, if and when they do have to bury Detroit, I hope that all the current and past representatives and senators from Michigan have to serve as pallbearers. And no one has earned the “honor” of chief pallbearer more than the Michigan Representative John Dingell, the chairman of the House Energy and Commerce Committee who is more responsible for protecting Detroit to death than any single legislator. Full Story »
Posted by Kaizar Campwala
Not too stylish, but a highly informative, insightful and hard-nosed opinion from Thomas Friedman. He argues that Detroit auto makers do not deserve a taxpayer bailout, but doesn't exaggerate his position. He acknowledges that such a bailout is likely and offers some input on how to negotiate its terms.
Agreed. Why, why, why should we be called on to rescue an industry that has consistently underperformed? Mismanagement and mistakes of this scale can't go unpunished.
Retrieving Comments
