Wednesday, November 19, 2008

The Big Three Bailout

As usual, George Will hits it right on the head in his analysis of the proposed congressional bailout plan for Detroit:

"Congress could help the Detroit Three by allowing them, when meeting CAFE (corporate average fuel economy) standards imposed by Congress, to count fuel-efficient cars they import from their overseas factories. Congressional Democrats oppose that because those imports are not made by members of the United Auto Workers. Those Democrats, their rhetoric notwithstanding, really care most about the union. "Saving the planet" comes second and last comes the health of the auto companies. " (George Will, 11/18/2008; JWR.com)

Folks, this is all about the UAW and the plan has little or nothing to do with the overall economy or any environmental ramifications. But then why is that any surprise?

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