Boosting the notion of a GM bankruptcy as an appropriate non-reward, AS writes:
Rewarding failure is the central characteristic of the Bush administration. Obama pledged to be the un-Bush. Don't do it!
Even though there is an exclamation point at the end, I'll resist the temptation to skewer this, and just ask the following.
You were able to finally realize that right-wing "ideology" applied to the Iraq war was ... bunk. Can you do the same for this, just on a shortened timeframe?
Consider that this sentiment, above, is more or less what some said at the time of the Lehman failure - "we need to assert 'moral hazard'".
We now know that failure led to ... a meltdown.
