BUT HE MAY SUPPORT ONE FOR THE CAR COMPANIES ANYWAY
Outgoing House Minority Whip Roy Blunt (R-Mo.) said that the recent bailout proceedings in Congress are "out of line" with his free market principles, but he led Republicans, nonetheless, to support the $700 billion financial bailout, and he may support a bailout for the Big Three automakers.
"None of this is in line with my own free market principles," Blunt told CNSNews.com when asked if giving the automakers another loan-bailout is sound economics.
Blunt said that the U.S. economy is so fragile that taxpayers may need to prop up the teetering automotive industry to "build a bridge to the future." "Clearly, these industries have a huge impact on the economy," he said. "The economy is very fragile right now. And that argues for doing what we need to in order to build them a real bridge into the future. But to do that they have to know what that future is going to look like, and that they are viable in that future."