One Bailout for Wall Street and Detroit

On the Tonight Show last night, Jay Leno offered up a way to bail out both Wall Street and Detroit at the same time:

"Well, it looks like the government is going to bail out Citigroup, yet they don't want to bail out the auto companies. See, I don't think this is fair. I mean, blue collar guys who make our cars, they don't get the bailout. But the white collar guys on Wall Street, they get the bailout.
You know what I think we should do? I think they should work together. I think the guys in Detroit should keep making the cars, and the guys on Wall Street should be making the license plates."

Citi wasn't getting any love from David Letterman on the Late Show, either:

"I heard today that the federal government was raising, like, $40 billion to bail out Citigroup. ... Honestly, when you think about it, who doesn't really feel sorry for credit card companies?"

Automakers took some shots, too. Conan O'Brien on the Late Show:

"General Motors announced ... that they are ending their endorsement deal with Tiger Woods. Asked why, a spokesperson for General Motors said, 'Tiger Woods is successful, competitive, and popular. And that's just not us.' "

Letterman came back with a swipe a perennial punching bag Halliburton:

"Down in Washington, D.C., the Capitol Hill Christmas tree arrived. No surprise here. You know, they've got to decorate the tree. So the contract to decorate the tree -- a $10 billion ornament contract went to Halliburton."

On the Late Late Show, Craig Ferguson had some sympathy, of a sort, for President-elect Barack Obama and his newly named economic team:

"Today Barack Obama announced his economic team. President Bush is working closely with them. Obama said his team has many obstacles to overcome, the biggest one being maybe that President Bush is working closely with them."

Leno added a note of optimism, even if it was laced with acid:

"Another good day for the stock market. Up almost 400 points today. They said -- yeah, listen to this: 'If this keeps up every day for the next three years, we'll almost be even again.' "

Source: Frontrunner

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