DIGG THIS The headlines say that a deal to bail out automakers stands little chance of success. One might hope that common sense alone would have killed it (it’s never a good idea to throw good money at failing enterprises), but the Democrats are citing intense Republican opposition. So too for the “stimulus package” that contains a long list of bad ideas, almost like a recipe for prolonging the downturn: bailouts, welfare, unemployment subsidies, union privileges, and other devastating devices. Now the package is being considered largely dead. Already the Republicans are toughening up, seeing the light of day. After … Continue reading Not All News Is Bad