Friday, December 5, 2008

A good reason for conservatives to be skeptical of the proposed auto companies' bailout

...comes from Republican U.S. Senator Richard Shelby:

"Sen. Richard Shelby of Alabama, the senior Republican on the panel, complained that the pricetag on the package had jumped since the trio last appeared just two weeks ago. He pressed the automakers to explain why, and to justify how such aid would not simply “prop up a failed business model for a few months ... and how are you going to pay it back to the taxpayers?”

I sure won't be expecting any money to be paid back.
Will you???