Obama Motor Corporation and Geithner LLC

gm-bailoutHere we go again. We all knew it would come. The first bailout was not enough to save the big three automakers. As I promised back during the first stages of this, here is the second auto bailout from this group of pro state-run industry Democrats. Forget that the government shouldn’t be involved in the workings of the free market in the first place (seems to be a recurring frakking theme doesn’t it?). At what point do these idiots in Washington get the clue that they are simply throwing bad money after good? At what point do the rest of the America taxpayers get to the point where they get disgusted with having to pay for a company’s survival when the company that owns that company refuses to spend the money themselves?
Welcome the Newest Government Run Businesses to the Market!

Dude, Can You Loan Me Some Cash to Buy Your Car?

Now we see the American automotive industry looking for a bailout along with the financial industry. Let’s take a hard look at what is being proposed here and, more importantly, who is proposing it. I personally oppose bailing out the auto industry. I opposed bailing out the financial industry too under the bill that went through. I am a believer in Economic Darwinism. But read on and see what I am thinking. Then let’s talk about it.
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