Thursday, October 2, 2008

POLITICS- Plutocrazy

In the midst of all the talk of giving the financial sector just over $8000 (over $20,000 with interest) per family, the government giving a paltry $100 per family ($400 if they default) to the auto industry.

The folks over at TheTruthAboutCars have mounted a GM Deathwatch for the last couple of years. They have the best coverage of what's been happening in the auto industry. Long but worth reading if you want a real explanation of why this is such a terrible idea.

I mean aside from the whole free market thing.

What do they call that kind of government where the rich rule and the poor are little better than slaves?

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