Thursday, December 4, 2008

Driving The Economy Off The Cliff

If you are looking for a metaphor to capture the scene in Washington, DC these days - - GM execs pleading for a bailout from its arrogance and failures, yet begging for our money from government institutions that enabled our collective arrival at the brink of national bankruptcy (corporate tax breaks, minimal vehicle fuel efficiency standards, and ideological deregulation across the board) - - look no farther than the so-called "Hummer Tax Break" that subsidized the sale of perhaps GM's gaudiest dud.

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