The heads of huge American car companies General Motors Corp., Ford Motor Co. and Chrysler LLC are requesting huge funds and bailouts from Congress today. Its interesting to note that the incidence of bailouts has extendted to even the auto industry. Rent seeking has increased considerably and will probably continue to increase as the Democrats take hold of Congress and the Executive branch.
http://www.google.com/hostednews/ap/article/ALeqM5gbjFY-o07QeryRxtFR3oC1w_v1PwD94RUQH81
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