Welcome! Once a journalist, always a journalist. I left the news business to try something completely different (for a time), but realized I still felt the need to keep up with all that's going on around us. So, this blog emerged as a way for me to filter some of what I feel is important, interesting or funny and pass it along to you. Enjoy! And, feel free to comment on any post.
Friday, December 12, 2008
The Auto Bailout
As I write this, the TV machine is talking as if the Bush Administration is going to hand millions of dollars in TARP funds over to the Big 3 automakers, since the Senate failed to approve the bailout plan last night. Honestly, I'm torn on the entire deal. I'm fearful of the snowball effect through our already struggling economy if the automakers shut down. On the other hand, I'm growing weary of Washington writing big checks to struggling companies. And there is a lot of chatter this morning that using the TARP money for this purpose could be illegal.
0 comments:
Post a Comment