Just Say No to Detroit

[sarvesh]

http://online.wsj.com/article/SB122669746125629365.html

[blackguardx]

"We would do better to set this money on fire rather than using it to keep these dying firms on life support"

That is probably the best quote I've read in a very long time.

It's so true.

[helveticaman → blackguardx]

Yes, you would be doing better by torching the money. You'd restrain inflation slightly.

[LPTS → blackguardx]

You better not be thinking of closing the money hole. People like throwing money into the hole. It's an American Tradition.