Wednesday, November 19, 2008

On Hovercars

Mitt Romney's Op-Ed in the New York Times just about nails my sentiment on the proposed auto bailout. In my opinion, the most difficult aspect of the Romney plan will be dealing with the unions, who have become extremely short-sighted. But life is never as easy as "here are your choices: (1) everybody loses their jobs or (2) some people get to keep their jobs, but with less pay." Are there any other real choices?

Maybe. They can start by cutting the $20,000 per flight private jets out of the budget. Unreal. Can these corporate fat cats really be trusted to get the auto industry out of this mess?

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