Democrats' Soft Spot for Automakers Have Shielded Detroit from Its Own Bad Decisions
November 17, 2008
Dismal auto sales and all-time stock lows may obliterate the Big Three. So the automobile lobby is back on Capitol Hill warming up to some of their best friends -- Democrats -- to secure $25 billion in loans. The question is: what will the money be used for and will there be strings attached to make better, greener cars.
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Dismal auto sales and all-time stock lows may obliterate the Big Three. So the automobile lobby is back on Capitol Hill warming up to some of their best friends -- Democrats -- to secure $25 billion in loans. The question is: what will the money be used for and will there be strings attached to make better, greener cars.
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