AUTOMAKERS CAN RAISE MONEY WITH NEW STOCK.(Opinion)

Paul Finnegan's Dec. 4 letter. "Big Three should steer toward future," about the meeting between Congress and auto industry leaders stated that "instead of asking the CEOs if they 'jet pooled' to a meeting in Washington, they should have focused on the real issue." He goes on to say that the real issue is that Congress needs to know how the Big Three are going to reorganize and fix their companies before they get the "free" money from Congress.

The first thing that needs to be looked at is the fact that Congress has no right to take taxpayer money and give it to whomever they want. There's an old document that most people have either forgotten about or decided is …