Tipsheet

McCain Wrong on Auto Bailout

With 47 days to go until election day, I'd like to spend the majority of my time telling you the many, many reasons why John McCain is a better choice than Barack Obama.  

However, it is important to voice concern over McCain's support of a massive transfer of wealth -- to the tune of $25 billion -- to bailout the auto industry. 

While one could argue about the vital importance of bailing out financial institutions, a tax-payer bailout of the auto industry does not fit into this rubric.  More likely, this is a political move meant to score points in Michigan and Ohio. 

There is a dangerous trend happening right now ...