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Saturday, December 13, 2008 12:00 AM

Meet the GOP's wrecking crew

Why did a small group of Southern Republicans turn the auto bailout into a demolition derby? Introducing the senators who hate unions and love foreign cars.
By Alex Koppelman and Mike Madden

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  • Saturday, December 13, 2008 08:38 AM

    Don't bail out; restructure instead

    We're talking about bailing out only 3 of the 10 companies that manufacture automobiles in the U.S. And we're also talking about 3 companies that make lavish legacy payments to retired workers. If the automakers went into bankruptcy, they and their unions would be forced to restructure in a disciplined manner. On the other hand, a pot of gold from the federal government, even managed by a "czar," would be a prescription for continuing as usual for the short term with certain "death" inevitable once the refill runs out.

    —judithod Read judithod's other letters

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