Archive for December 19th, 2008

I’m struck, this morning, by the behavior of lame duck Presidents in their final months in office. Today, President Bush gave the American auto industry a bailout, enabling the Big Three automakers to continue their unsustainable business practices for three more months, rather than actually doing anything that would help solve the problem. He said that he’d imagined what it would be like if he were going into office in January, and stated that he didn’t think it was fair to burden the incoming Obama administration with a crisis right off the bat.

Hogwash. Read the rest of this entry »