The Senate GOP Seems Set on Hastening the Death of Detroit
It may be that General Motors, Chrysler and Ford are lumbering, Jurassic beasts that deserve their looming extinction. But only a free-market fundamentalist, a lunatic or a Senate Republican -- perhaps that's redundant -- would conclude that now is the moment to hasten Detroit's demise.
To recap: We're in the midst of a global financial crisis. The housing bubble has burst and prices have collapsed. The economy has been in recession for a year. ...
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This opinion piece argues strongly for assistance to U.S. automakers and takes Senate Republicans to task for their short sighted efforts to block support.