12/8/08

Conscientious Objection

Since it looks like we're going to do something re the automakers, I'd like to figure out how to withhold that portion of my tax dollars that will go to bail out private equity behemoth (and Chrysler owner) Cerberus, and its billionaire leader, Stephen Feinberg. Is anything more awful than all of us paying to rescue capitalist titans who are supposed to be taking risks with their money? Ambrose Bierce had a wonderful line in The Devil's Dictionary where he defines politics as "a strife of interests masquerading as a contest of principles; the conduct of public affairs for private advantage." Keep that in mind as you hear Cerberus execs talking about why saving Detroit is about something much bigger than just them.

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