Policy

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

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• 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.