[Riddil]

Sounds reasonable Merc. And yeah, I totally understand and agree with the logic to deny a bailout to the auto companies. But I'm just amazed that everyone in the gov seems to give the finance industry a free pass.

I agree with Forbes / Romney. Let bad businesses fail. But I'm completely dumbstruck as to the logic why Citi, or AIG, or WaMu, or any of those guys are A-OK to give free money, but Detroit? None for you!

Easier regulation? It sounds almost reasonable, but it still sounds thin... just because it's easier to regulate banks doesn't seem like it should be the end-all-be-all reason why it's OK to give bad companies free money. Following that logic during the depression the gov should have nationalized every single business.

But oh wait... that's socialism, right?

edit... oh, and why can't the reason for a rebuke also be used against the finance industry? They told GM / Chrysler, "Your game-plan stinks. Go back to the drawing board and give us a better one." But why not challenge the banks in the same way? "Oh, we don't know a single thing about your balance sheet, but don't worry! We'll guarantee all your bad loans!"

The whole thing is just... just so... I don't know. I'm dumstruck. Dumbfounded. Flabbergasted. Discombobulated.