Like a broken clock, the Columbian occasionally gets it right: Bailout Bad Idea

I don't frequently agree with The Columbian editorials. But when they get it right, they get it right... and this time, they got it right:



In Our View Nov. 16: Bailout Bad Idea
Propping up dinosaurs is not a good tactic

Sunday, November 16 2:00 a.m.

This week, members of Congress are expected to consider a bailout of U.S. automakers. Senate Majority Leader Harry Reid has said the Senate will begin debate Monday on $25 billion in emergency loans and a test vote could be conducted on Wednesday. A bailout of U.S. automakers — at least as described so far in America’s murky economic crisis — would be a bad idea for at least five reasons:

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