The Detroit Dilemma

Rush Limbaugh was sharing an insightful article on what lead to the current plight of the auto industry on his program today. I thought I would share it with you:

• In defense (kind of) of Detroit

UPDATE: 12/11/2008

Well, it looks like the Democrats aren’t off to a good start.
http://www.msnbc.msn.com/id/28166218/

DEMOCRATS: 205 for, 20 against
REPUBLICANS: 32 for, 150 against

Absolutely no surprise, of course, but still disappointing.

UPDATE: 12/12/2008

Here is a visual guide to understanding how the bailout is funded and a couple of financial experts’ take on how it could be funded.

• A Visual Guide to the Financial Crisis:The Bailout