Thursday, December 11, 2008

Beshear's bailout bumble

Gov. Steve Beshear, fresh off his tax increase press conference this morning, now wants your money for the auto bailout. He said:

"I am pleased that the House of Representatives passed last night emergency loans to the automotive industry, and I urge the United States Senate to quickly take the same action. At this time of economic uncertainty, I believe Congress should do everything in its power to assure that the auto industry maintains a strong economic foundation."

Correcting it's problems by reversing bad business practices would certainly be a better way to build a "strong economic foundation" would work better than keeping the bad practices and taking taxpayer money.

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