As a follow up to my post yesterday, could the Wall Street Journal be more contemptuous of tree-hugging environmentalists? When is $25 billion in taxpayer cash insufficient to bail out Detroit’s auto makers? Answer: When the money is a tool of Congressional industrial policy to turn GM, Ford and Chrysler into agents of the Sierra Club and other green lobbies. That’s the little-understood subplot of the Washington melodrama over a taxpayer rescue for Detroit. In their public ...
tags: wall street journal, environmentalists, capitalism, wall street
