Tag: bailout

  • Don’t Bail Out US Automakers

    All of a sudden, the czar’s of the old guard Big 3 are interested in Washington again. (By Big 3 I mean Ford, GM, and Chrysler, not the real big 3 of Toyota, Honda, and Ford.) The news is full of stories of their CEO’s begging for federal bailout money to keep afloat. I can […]

  • The McLane Bailout Plan

    I’ve listened to all of the ideas. The $700 billion bailout is just over the top stupid. While the housing market is screwed up, bailing out bad businesses isn’t the right way to do it. Why not just let all of those people in crappy deals refinance in FHA fixed rate mortgages? Seems like offering […]