Auto Bailout: Making The Sausage

One of the criticisms that’s been leveled against Republican Senators opposing the loan legislation to keep General Motors and Chrysler from going bankrupt is that lawmakers like Alabama Senator Richard Shelby aren’t even listening to the arguments for it, or even reading the automaker’s filings before the hearings. It was clear to all that Shelby hadn’t read anything more than the brief summaries provided by the automakers because he asked questions that were plainly answered in the filings.

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