The WSJ does a good job reporting on the uncomfortable reality that, despite pressure from the Obama administration, a Chrysler bankruptcy is likely the best case scenario for the automaker's creditors (the same banks we're bailing out). Is it good policy for the government to use their leverage as lenders to force struggling companies to make poor business decisions?
Speaking of our dismal domestic auto industry, this article doesn't really say anything we don't already know but I can't resist the urge to bring up the gas tax.
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