Saturday, December 06, 2008

Bailout? Mini-Bailout?

Whichever, it looks like Congress is getting ready to offer some help to Detroit to get them over the short term hump. Well, Everest-like hump.Details are still sketchy, but it sounds like they'll tap the alternative fuel/power fund to fund the bailout and let Paulson go play in his sandbox and not have to worry about the autos. Wouldn't want to distract him from handing out cash to his punch-drunk friends.

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