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GM Tries Taxpayers, After Exhausting Private Sector
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Contributed by World News
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General Motors CEO Rick Wagoner's case for a taxpayer handout to his firm is a lemon ("Why GM Deserves Support," op-ed, Nov. 19). The bulk of it is annual report-style bragging about GM's wondrous innovations at lowering costs and improving product quality -- all of which, if true, makes one wonder why his firm so desperately needs a handout from taxpayers. And the rest of it is either irrelevant -- any of the firms that will pony up more taxes to pay for the bailout also have operations that "reach into every state and community in our nation" -- or plainly false. Transferring money from taxpayers to profitless yet...
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