Addendums to the Bailout

Since it is now obvious that the $700 billion that the people were quoted was rooted in nothing but Henry Paulson's imagination, it should come as little surprise that Harry Reid and Nancy Pelosi are asking the Secretary of the Treasury for the automobile industry. They want $25 billion for GM and Ford. Also take note that Barack Obama feels the number should be $50 billion. Not surprisingly, one of the President Elect's economic advisors is Jennifer Granholm, Governor of Michigan. (Rhetorical question: would you select the Governor of the state that has had the worst job loss in the past decade to help dig the country out of a recession?) They try to play to our sympathies by telling us that hundreds of thousands of people will lose their jobs, but the only solution anyone ever wants to give these days is for the Treasury Department to throw more money into a failing system. Is that change?

Check it out here.

(You will notice that every time I use an elected official's name in this blog I will have a link to their contact information so you can tell them what you think.)