Merger is Off!

I am really mixed on this one. I don't think the Government should be bailing out anyone but then again, like the banks, all of the regulations they keep passing are causing the auto industry to spend more and more money. In addition, this industry actually makes something (as in part of the GNP). The banks are service and do not make any thing. I guess, this is a bailout that is needed not matter how bad it tastes.

Now if the new president has his way, he will increase taxes on Cooperations and businesses. He seems to fail to realize that taxes are a business expense. If the tax rates are increased then they raise their prices to cover it leading to inflation. In addition to the credit problem, everyone should prepare to a massive increase in inflation in the near future.