Richard Ebeling, one of our speakers in November, 2008, has published a comment on the proposed bailout of the Detroit automobile industry. It appeared in the Detroit News.
An excerpt: "However the auto bailout is paid for -- through higher taxes, increased borrowing, or by cranking up the Bureau of Engraving's printing presses -- it amounts to little more than "spreading the wealth" from the rest of us to those who know how to buy political friends wisely."
Read the rest here.
Nov 21, 2008
Ebeling on the Auto Bailout
