The word on the radio when I woke up this morning was that there's finally an auto industry bailout deal in place. Naturally, the big three got less money than they'd asked for. Naturally, the money wasn't taken from the bloated TARP. Instead, the plan is to take the money from the Fuel Efficiency Research Program.
So we're going to save the auto industry by cannibalizing the subsidy for green auto technology. Perfect.
In other news:
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