Category Archives: Auto bailout

Government Solutions

If you haven’t browsed through Despair.com, it is worth a look, especially the hilarious lithographs. I particularly like this one, which they interestingly recommend for Jim Rogers, Ron Paul, Libertarians and Austrian economists:

A couple more:

The Federal Car-Czar

The US just gets more bizarre by the day, and here we go again with the unconstitutional car bailout. Some of the powers that the car-czar will have (who will be appointed by Pres. Bush):

oversee a government-run restructuring of U.S. auto companies in return for a $15 billion bailout.
set guidelines for an industrywide overhaul.
revoke the [...]

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