The plan is taking shape. This is the latest from the Wall Street Journal: In Bailout, Car Makers Could Cede Stakes to U.S. The key things here are: The White House seems to be pushing back on the viability of the companies receiving the aid. Clearly the administration doesn’t want to pour money down the […]

It looks likely that a deal is close on getting some bailout money to the ‘Big Three’ American auto makers. Here’s the update from the New York Times: White House Says Deal on Auto Bailout Appears to Be Close I am still opposed to a bailout. The deal on the table today is only slightly […]