Thursday, November 20, 2008

Good Points about the Auto Bailout

From The Tennessean:

Auto hub may go South
"Gov. Mark Sanford of South Carolina recently wondered whether BMW would have built its plant in Spartanburg if the government had been handing out money to its rivals, and Rep. Lynn Westmoreland of Georgia voiced similar concerns about the state's Kia plant, which might bring 2,500 jobs to his rural district.

"Let's face it, who would want to come over here and put their investment into this country if they knew the government was going to be subsidizing their competitors?" he said. "It's just not right. It just goes against the grain of the free-enterprise system.""