Neil Sinhababu and Nicholas Beaudrot's political blog
Monday, March 30, 2009
Vroom Vroom vs. Scrilla Scrilla
There's a pretty straightforward reason why Obama is going socialist on the auto industry and not on the financial industry. Fixing the economy doesn't require more cars. It will require more loans. So he has a lot more leeway to be hard on the carmakers than the loanmakers.