Reason Morning Links: Bankruptcy for the Automakers, Untaxed Income for the Texans, Sympathy for the Canadians


– The White House prepares to steer GM toward bankruptcy, and to offer it "just short of $30 billion in additional federal loans."

– Obama is expected to sign his credit card bill today. The unintended consequences watch starts Saturday.

– Former Bush officials cash in.

– Withdrawing from Iraq: the latest way to delay it.

– The Cheney/Obama partnership.

– Life in San Antonio's underground economy.

– Has Canada become a beacon of free markets? (For some historical context, see this classic from Jeet Heer.)

– A sharp essay on the myth of "virgin nature."

– Class and transportation subsidies.

Business slogan of the day.