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<h2 class="subhead" style="margin-top: 6px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font-size: 16px; font-weight: normal; font: italic normal normal 1.6em/1.1 Georgia, 'Century Schoolbook', 'Times New Roman', Times, serif; color: #333333; text-transform: none; width: 668px; padding: 0px;">From Wall Street Journal: The government's unnecessary disruption of the bankruptcy laws will do long-term damage to the economy.</h2>
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<h3 class="byline" style="margin-top: 0px; margin-right: 0px; margin-bottom: 0.583em; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 8px; font-size: 1.2em; font-weight: normal; font-family: helvetica; line-height: 1.3em; color: #666666;">By <a href="http://online.wsj.com/search/term.html?KEYWORDS=DAVID+SKEEL&amp;bylinesearch=true" style="color: #093d72; text-decoration: none; outline-style: none; outline-width: initial; outline-color: initial; text-transform: uppercase; letter-spacing: 1px;">DAVID SKEEL</a></h3>
<p style="margin-top: 0px; margin-right: 8px; margin-bottom: 1em; margin-left: 8px; font-family: Arial, Helvetica, sans-serif; font-size: 1.3em; line-height: 1.5em; display: block; padding: 0px;">President Obama's visit to a Chrysler plant in Toledo, Ohio, on Friday was the culmination of a campaign to portray the auto bailouts as a brilliant success with no unpleasant side effects. "The industry is back on its feet," the president said, "repaying its debt, gaining ground."</p>
<p style="margin-top: 0px; margin-right: 8px; margin-bottom: 1em; margin-left: 8px; font-family: Arial, Helvetica, sans-serif; font-size: 1.3em; line-height: 1.5em; display: block; padding: 0px;">If the government hadn't stepped in and dictated the terms of the restructuring, the story goes, General Motors and Chrysler would have collapsed, and at least a million jobs would have been lost. The bailouts averted disaster, and they did so at remarkably little cost.  <a href="http://online.wsj.com/article/SB10001424052702303745304576361663907855834.html?mod=googlenews_wsj">READ MORE&gt;&gt;</a></p>
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