Wednesday, January 14, 2009

News: Pulling Strings

I guess asking for preferential loans from the U.S. government wasn't enough - now automakers seem to want Congress to rig gasoline prices to help them sell their new hybrid cars. The basic message is almost disarmingly simple - "We need to be protected from the market."

I can't blame a company for doing everything within its power to survive, but it does make me jealous. If domestic car makers can get something as massively unpopular as a new gas tax pushed through (not to mention a bailout), there's probably no end to what they can get from the Feds. What's next? Puppies? Unicorns?

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