The Difference Between a Loan and a Bailout (Blogcritics.org)

There's a huge difference between a loan and a bailout. Drowned out by the din of Beltway big shots and Wall Street haggling over their financial package this weekend, Congress managed do something constructive. They passed a $25 billion loan package to the Big Three on Saturday. The automakers are going to use the money to retool existing factories for the production of fuel efficient ...