Boycott GM?

Limbaugh called for it recently, and only 42 percent of Americans who own an automobile made by General Motors say they are going to buy one again. All of this, of course, makes the left so gosh darn mad.
As an urbanite, I own a Chinese-made scooter and a bus pass. But if I were to [...]

Obama Planning to Cap All Executive Pay

I held my tongue when the Obama administration said it would cap pay for bank executives receiving major bailout funding. After all those guys deserved it for putting their snouts in the public trough.
But this is terrifying:
The Obama administration will call for increased oversight of executive pay at all banks, Wall Street firms and possibly [...]

The Economics Professor You Wish You Had

Bombarded by bailout talk? Here’s some ammunition to fight back, from Dan Mitchell.

For some background, here’s a quick lesson on Keynesian economics

A Constantly Updated List of Everyone Looking for a Bailout

Gimme Gimme Gimme!
Club for Growth has started a Twitter feed of everyone asking for a bailout. Like a snow falling in a Washington blizzard, just put out your hand in this city and there’s a chance money will land in it.

The Nerve

Chrysler took out a $100,000 ad in The Wall Street Journal thanking the country for bailing them out. Radley Balko says it best:
Chrysler spends $100K on a full-page ad…thanking American taxpayers for a bailout most of the public opposed, Congress never approved, and that you average taxpayer had no choice but to help fund, [...]

Washington Post: More Than Half of Us Are Crazy

Conn Carrol rightly points out:

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 bury [...]

When asking for charity, don’t show up in your private jet

Dan Milbank nails the auto executives who arrived in Washington this week, hat in hand, asking for a $25 billion bailout from the federal government. Oh yeah, and they all took their own jets from Detroit. As my Southern Baptist Preacher father would say, “That’s just poor stewardship.”
The executive’s arguments hold no water, in my [...]