Evan McKenzie on the rise of private urban governance and the law of homeowner and condominium associations. Contact me at ecmlaw@gmail.com
Monday, December 08, 2008
U.S. Could Take Stakes in Big 3 - WSJ.com: "WASHINGTON -- Congress and the White House inched toward agreement on legislation that would throw a financial lifeline to the Big Three auto makers, giving the government a substantial ownership stake in the industry and a central role in its restructuring."
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This story has to be wrong. We are supposed to believe the White House is going along with quasi-nationalizing the auto industry, with the Obama presidency a few weeks away? That is beyond belief. I can't imagine that a president with an "R" after his name would do this.
If Bush doesn't have enough sense to force a move like this onto Obama, he should just hand the keys to the Oval Office over to Nancy Pelosi right now and climb on a plane for Texas.
Here is the playbook for a lame-duck Republican president in the last few weeks: light the White House Christmas Tree and pardon Republican crooks. But not George Ryan. And if you get Osama lined up in the sights of a Predator drone, pull the trigger. But you DO NOT whip out the Ouija board and start channeling Mussolini or FDR. Leave that for your successor.
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