Legal Commentary

Piling On The Straw

By Big Tent Democrat

Jed Lewison creates a straw man, acting as if the complaint about the Obama auto industry plan is that Rick Wagoner got the boot. No one cares about Rick Wagoner. The issue is about how Wall Street has gotten a free ride while President Obama says this about the auto industry stakeholders:

It will require unions and workers who have already made painful concessions to make even more. It will require creditors to recognize that they cannot hold out for the prospect of endless government bailouts. Only then can we ask American taxpayers who have already put up so much of their hard-earned money to once more invest in a revitalized auto industry.

President Obama has said nothing like that about Wall Street. THAT is the issue. The auto industry plan is not the problem. The free, no strings bailouts to Wall Street are the problem.

Speaking for me only

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