Saturday, December 06, 2008

Hinderaker zings Congress

John Hinderaker, writing at Power Line, produced a delightful zinger aimed at Congress in the wake of their reception of representatives of the Big Three:
Congress has not taken anywhere near enough abuse for treating automobile company executives as morons because their expenses exceed their revenues. In truth, the auto companies made exactly the same mistake Congress did: they failed to anticipate the costs of the pension and health care benefits that they agreed to pay their retired workers.
That will leave a mark, albeit many in Congress are too numb above the neck to take much notice.

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