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Submitted by The Fire Inside on Thu, 01/26/2006 - 3:09pm.
NEW YORK -- President Bush is offering no encouragement to any U.S. automobile companies that might be thinking about turning to the federal government for a financial bailout.

"I think it's very important for the market to function," he said in an interview in the Thursday editions of The Wall Street Journal.

He said companies need to manufacture "a product that's relevant" and that his administration has discussed new fuel technologies with the nation's top two auto makers.

At least there's someone willing to take a stand for the market. The company which I feel the most sympathy, though, is Boeing. Their main (and really only) competition, Airbus, is far from being a part of the free market.

The entire article can be found here

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