Auto Bailout, Again, Again

Today the White House announced that Chrysler will finally be declaring bankruptcy. Well, duh! The only people who didn't see this coming was those on Capital Hill and The White House. Those with an ounce of common sense recgonized that bandaids aren't the best cure for a cut femoral artery. Chrysler was just too far gone. Now if Chrysler doesn't sell as many cars, maybe Ford, Chevy, Honda, Toyota, or others might sell a few more. I don't see Americans ceasing to move things and themselves around anytime soon.

After tea parties are all quited down, maybe Capital Hill and The White House will finally recgonize that throwing money at private and/or public business is not the answer. Capitalism will eventually work. It is what makes this great country such a land of opportunity.

Mr. and Mrs. congress seat holder, please focus your efforts on making a fiscally sound budget and positioning our tax structure where it acutally has the most benefit to the federal treasury. I promise it's less of a rate than you think.