Auto Bailout: Seafood or Hot Dog?
Someone e-mailed me this picture with the caption, redneck seafood. Since I now have less than half-inch hair, I believe I can use the word “redneck” with some impunity. And I must admit, the appearance is better than the traditional “tube steak” look.
The auto industry is tube steak. Congress is playing chef. The loans are precise slices in the “meat”. Political posturing is the presentation. Free market forces are the unchanging reality within which everything is taking place.
Now remind me: after all the cutting and renaming is done, what’s the auto industry again?
Tags: Economics, Free Market




Eghads, thank goodness our Moms never gave us THAT to eat! At least not in the artistic shape presented in the picture…