Off-Topic: Should the government bail out

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	Name:	mbk -
	Subject:	Should the government bail out
	Date:	11/10/2008 7:59:13 PM

A portion of the article. The entire article is available at the web site I posted below. We will see how bi=partisan the Obama Team is and how well they plan to "work across the aisle" on this issue. I think we know the answer - it is working across the aisle when you come to my side but forget about the D.. going the other way. Don't forget which candidates Alabama and Tennessee supported in the Presidential election.

Nationalizing Detroit
November 10, 2008 Wall Street Journal
http://online.wsj.com/article/SB122628060458212379.html

A Detroit bailout would also be unfair to other companies that make cars in the U.S. Yes, those are "foreign" companies in the narrow sense that they are headquartered overseas. But then so was Chrysler before Daimler sold most of the car maker to Cerberus, the private equity fund. Honda, Toyota and the rest employ about 113,000 American auto workers who make nearly four million cars a year in states like Alabama and Tennessee. Unlike Michigan, these states didn't vote for Mr. Obama.

But the very success of this U.S. auto industry indicates that highly skilled American workers can profitably churn out cars without being organized by the UAW. A bailout for Chrysler would in essence be assisting rich Cerberus investors at the expense of middle-class nonunion auto workers. Is this the new "progressive" era we keep reading so much about?