Tag Archive for credit

The True Cost of the Auto Bailouts


David Skeel has a good piece in The Wall Street Journal this morning. He notes how the government takeover/bailout of Chrysler and GM was a big boon to the unions, while sticking it to other investors and claimants. That’s pretty…


This Doesn’t Sound Good


Sheesh, after this I’m going to search for some good news. The Other McCain has the latest in ominous economic news. First, the¬†end of QE2, and now¬†Beijing tightens up credit: Read the whole thing. I think I need a drink.…