Since Obama's last press conference, the Democrats have been pressing for a Detroit bailout to save the American auto industry. They say that it's essential to help keep the economy afloat and make sure the industry doesn't go under, but the NY Times has an alternative view of auto bailouts, courtesy of the British bailout of the '70s. It begs the question - is a bailout for Detroit really the best to go, or are the Democrats just trying to throw money at a problem that requires something more federal intervention? There's also an interesting question as to whether an auto bailout would be in violation of World Trade Organization rules. This is definitely an interesting read.