A Bailout Morality Tale

Senate Democratic Leader Harry Reid said a whopper on the Senate floor this morning: "If it were up to them [Republicans], Ford Motor Company would probably be gone."

Reid ignores that (1) Ford was the only U.S. auto company not to take a bailout and (2) Ford reported its best quarter in six years.

That is, Ford is more profitable for not having taken the government money -- with attached strings.

Who knew the private sector could do a better job running a company than can the Obama administration?