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Is it too late to bail out Studebaker?

WSJ

NOVEMBER 14, 2008 Nancy Pelosi's Motown Juggling Act
 
What do bleeding Detroit auto makers, Colombia and green groups have in common? Not a lot, unless you are Nancy Pelosi.
 
If there was a moment that highlights to what extent the Democratic Party has become captive to its special interests, this might be it. Mrs. Pelosi and Harry Reid have spent this week demanding that Washington stave off a car-maker collapse. What makes this a little weird is that Mrs. Pelosi and Mr. Reid are Washington. If they so desperately want a Detroit bailout they could always, you know, pass one.

 http://online.wsj.com/article/SB122663352177627551.html



 


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