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This article is bull, piled high and deep, as were Ayn Rand's novels glorifying capitalists as supermen.
Dec 07 19:26 pm
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All Comments by unclej0 »Automakers: A Pitiful Trio [View article]
The common good of the nation is properly the business of government, which should permit private enterprise to thrive when it is properly conducted, but to intervene when it threatens the economic well-being of the nation.
The housing bubble, the excessive risks undertaken in the financial sector, and the failure of the American automobile manufacturers to lead in the development of new technologies (oh, how they and their lobbyists resisted!) all cried out for government intervention years ago.
We are now reaping the bitter harvest sown for us by the ideological deregulators. Ideologies are a smokescreen to subvert rationality and pragmatism. Fortunately, Barack Obama has recognized that truth.