Bailing out financial sector = bad.

Bailing out auto sector = good.

Quote
DETROIT - If credit remains locked up and auto sales continue to slump, the federal government's $25 billion loan package for the auto industry could be a huge help in keeping Detroit's downtrodden automakers afloat, according to lawmakers and industry analysts.

http://www.msnbc.msn.com/id/26948081/

I guess the mistake was to ask for $700 billion. If we have learned something from the Bush administration is that it's better to ask for little at a time, but frequently.


A gem cannot be polished without friction, nor a man perfected without trials. ~Chinese Proverb

The early bird gets the worm, but the second mouse gets the cheese. ~Jon Hammond