Legalized Looting

The CEO's of the three major U.S. auto makers will undoubtedly return to Washington soon with their tin cups held out. Right behind them will be a whole cadre of representatives from other industries making a case for a share of what is sometimes referred to in an old fashioned sort of way as "taxpayer money."

Remember when they were talking about a $300 billion stimulus (a new technical term meaning "spending")? Well, now the number is $700 billion. One lobbyist quoted in this story says that he could "easily identify" $1.5 TRILLION in infrastructure projects that need to get done.

This seems to be an addiction worse than cocaine. Urgent memo to Congress: call Nancy Reagan.