Save the Chevy Cobalt – Maggie's Farm writes on the proposed auto industry bailout: "It's been as clear as day to everyone for years that the once-Big Three are lousy companies with lousy businesses, products that don't sell, and that nobody wants to invest in anymore - except politicians." The government bailout of the financial system is the slippery slope upon we're now sliding.

Update – Bailout fever! (HT: Q&O)