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Govt. auto policy meets Alice in Wonderland

Wednesday, 8 July 2009 14:40 by Chuck King
This is truly unbelievable.  House Majority Leader Steny Hoyer and 14 fellow Democrats have introduced the Automobile Dealer Economic Rights Restoration Act of 2009.  Now we not only have the government  competing (through Chrysler and G.M. ) with other automobile companies. With this bill, we also have some congressmen who want the government to compete with itself by passing legislation to restore the dealers' rights, even as it runs the auto companies who terminated those same dealers! I wonder who's  going to pay for that?
Categories:   Congress | Economics | Markets | Bailouts
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