Postponing reality

Hot off the presses, I thought I'd have a go at ripping apart the "idea" that the, "auto industry was too important to fail."

Thomas Sowell beat me to it. He gives it good and hard to the idea that we, the taxpayer, need to bail out the domestic auto industry, and explains why, with historic examples, as he drags that festering piece of shit notion out into the harsh daylight of reason.

RTWT.