THE WISDOM FUND: News & Views
The American Conservative
January 13, 2003

Ariel Sharon's Shakedown

by Pat Buchanan

"Tough Love for United," exclaimed the Wall Street Journal, as it congratulated Uncle Sam for stiffing United Airlines' plea for $1.8 billion in loan guarantees. Rebuffed, the beloved old airline had to declare its bankruptcy.

It's all for the best, the Journal assures us, "maybe this tough love rejection will start a new government precedent, or at least we can dream." Fine. May we now expect the Journal to call on Mr. Bush to reject the $10 billion in loan guarantees demanded by Ariel Sharon? Don't bet on it.

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