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Legal Commentary

: TalkLeft

"Punishing" Detroit

By Big Tent Democrat

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A question for Brad DeLong and other defenders of the Geithner Plan - any plans to ask this - "We have to ask ourselves: Do we want to revive our economy, or do we want to punish the [auto industry]?”

Why is Wall Street immune to "sacrifice?" Why do Wall Street creditors not have to "recognize that they cannot hold out for the prospect of endless government bailouts[?]"

I repeat again, I do not criticize President Obama's auto industry plan. I do vehemently criticize his free lunch Geithner Plan for Wall Street.

Speaking for me only

Full post as published by TalkLeft on March 30, 2009 (boomark / email).

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