From The Hill (via Rocky Mountain Right):Rep. Ed Perlmutter (D-Colo.) sat on an exercise bicycle at the Wheat Ridge Recreation center this weekend, hearing unvarnished advice from constituents about the auto bailout. “It was one after another,” Perlmutter recounted. “One guy would come up and say, ‘You can’t let them fail.’ The next guy would say, ‘Let them go bankrupt.’ ” Perlmutter said he was leaning in favor of the bailout, but couldn’t say for certain until he sees final language. As a constituent of Ed Perlmutter who is paying very close attention to these developments, count me among the latter: Let them go bankrupt. It's the bitter medicine needed, certainly not a vast government takeover at the … [Read more...]