Detroit's Big Three are trying to elbow their way to the front of the line seeking government handouts.  No way, says Senator Richard Selby (R-Alabama), who points out that their financial predicament "is not a national problem, but their problem."  

REVOLVING DOOR:  Remember the $20 million lost from Maine's cash pool on the MainSail II investment?  We got it back, only to lose it again.

Will the next bailout go to G.E.?  The company is selling (stock) low after buying high, never a good sign.  Asks James Quinn at Minyanville, "How can investors have confidence in a company that bought back 97 million shares for $3.1 billion at an average price of $31.69 in the first 9 months of 2008, then issued $12 billion worth of stock at $22.25 in October?"  Answer:  they can't.  P.S.--If U.S. taxpayers won't help, G.E. will go straight to where the money really is:  Asia.

Did big U.S. banks just get nationalized, or did the U.S. Treasury get privatized?  Read this, then you decide.

Who is that performing on the BillHine.org MusicPlayer?