Showing posts with label newspaper troubles. Show all posts
Showing posts with label newspaper troubles. Show all posts

Friday, September 12, 2008

Automakers want on the government teat

Of course this was in the works before the unconscionable Fannie/Freddie taxpayer bailout, but it's coming to the fore now. The Big Three Detroit automakers want low-interest loans from the government, ostensibly to help them finance research into high-mileage-low-emission cars, and meet the new CAFE standards. As this Register editorial points out, there's no reason for the taxpayers to do this -- and the most constructive possible course of action would be to repeal the CAFE standards entirely, since they haven't done a thing for emissions or anything except the self-righteousness of politicians since the 1970s.

Lemme see. The newspaper business is in serious trouble right now -- no joke -- and it's more than a little unclear how we'll come out of it , but probably with a lot fewer newspapers. Maybe we should get low-interest repayment-optional loans from the government. After all, how can we continue to have an independent voice to serve as a check on government unless we become dependent on government?

If that makes sense to you you're qualified for a government job.