The Blog Formerly Known As Vote '08

Great that the senator (& others) are holding their feet to the fire, but where the heck was this kind of scrutiny/outrage/demand for accountability with the heads of all the financial institutions that were bailed out with 20 times the money? Just asking.

FURTHER READING ON THE AUTO BAILOUT:

Jim Manzi looks closely at GM’s plan:

“The point of this document was supposed to be the presentation of the plan to achieve these operational improvements. But there’s no there there. I guess somebody who’s never read a real business plan might mistake this document for one, but it’s a joke.”

Joseph Romm looks at Ford’s plans, & likes what he sees:

“Ford Motor company goes into bailout negotiations with a much healthier balance sheet. And based on their restructuring plans, I wouldn’t be surprised if Ford ends up more successful in the long term.”

But he goes on to say that GM’s idea to implement corn/ethanol technology is a laughably horrible one.

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