so i’ve become a big fan of podcasts. i know they’ve been around a while, but i’m just now getting on the bandwagon, so to speak. i listen (or try to) everyday to a handful of various news podcasts, including the bbc, democracy now, the economist, and the rachel maddow show. its this last one that has, over the last week or so, repeatedly covered or commented on the auto industry bailout… or lack thereof.
admittedly, i was against the bailout of the mortgage industry, big banks, and wall street. there is no doubt in my mind that they, with the help of lax regulation and oversight, have put us in this mess. it was their blind gluttony at the expense of everyone else that has pretty much tanked the US and world economy.