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    UAW Won't Let Detroit Make Competitively Priced Cars

    Even as the Detroit automakers are asking Congress for a taxpayer bailout, the Detroit News reports that Ford Motor Co. is operating highly automated, highly integrated, and highly profitable auto plants — in Brazil. They employ state of the art technology and techniques to produce high-quality vehicles: This state-of-the-art manufacturing … More

    Now Ethanol Wants a Bailout

    Nothing gathers a crowd in Washington like the sight of money being handed out. Banks, carmakers and now ethanol? From the Wall Street Journal: The Renewable Fuels Association, a trade group for the U.S. ethanol industry, has spoken with staff members from Capitol Hill and President-elect Barack Obama’s team and … More

    The Great Blurring

    It pains us to quote Thomas Friedman but this, unfortunately, sounds on target: It is both eye-opening and depressing to look at our banking crisis from China. It is eye-opening because it is hard to avoid the conclusion that the U.S. and China are becoming two countries, one system. How … More

    They Should Have Been Lawyers

    At some point in every law school, students are taught the old lawyer’s trick of “inconsistent pleadings.” The classic example of this involves a case where someone is accused to borrowing someone’s teapot and breaking it. The (perfectly legal) defense can simultaneously be: I didn’t borrow the teapot The teapot … More

    Should We Hand Detroit a Blank Check?

    Despite the fact that Congress intended the $700 billion Troubled Asset Relief Program (TARP) solely for financial institutions, the Bush administration, the Treasury, Members of Congress and the automakers are negotiating a plan to use the last $15 billion to bail out Detroit’s automakers. I won’t get into the illegality … More

    Too Bad He Isn’t Trying to Save Socialism

    “I’ve abandoned free-market principles to save the free-market system.” President George Bush on CNN, November 16, 2008.

    How to Bury Inconvenient News

    Washington Post assistant managing editor Eugene Robinson believes that anyone who opposes a federal government bailout of General Motors and Chrysler is a “lunatic.” So how does The Washington Post deal with the fact that their latest survey shows 55% of the American people oppose that very bailout? Well you … More

    Joseph Stiglitz Is a 'Lunatic'

    Well, that’s what The Washington Post‘s Eugene Robinson said. He didn’t say that word for word, but he might as well have. This is what he wrote: Despite the popular belief, lemmings don’t really hurl themselves off cliffs to reduce their numbers. That sort of behavior is seen only among … More

    Ford's UAW Contract

    Surely, some concessions can be made, right?

    The Net Neutrality Rorschach

    One of the key litmus test issues for the online left is support for ‘net neutrality’. Never heard of it? You’re not alone. As a  story in the Wall Street Journal exposed today, net neutrality’s biggest supporters can’t even agree on what the term means. In their story Google Wants … More