Thursday, October 30, 2008

Could a bailout weaken CAFE standards?

Chevy Cruze delayed

A bailout to help GM and Chrysler merge now seems inevitable. So, why did Cerebrus buy Chrysler? That's right, to make money, and probably at taxpayer expense. Anyway, back to the bailout. It seems there are just too many jobs, healthcare and pension funds at stake for Congress to let the auto industry go under. So, when these companies emerge, one can only assume that means GM will then forever be too big to go under.

Finish: Could a bailout weaken CAFE standards

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