Tuesday, March 31, 2009

Corporatism?!?

I didn't read much about the GM bailout, the demands being placed on them by the administration, specifically the stepping down of the CEO. But I DID read from many who seem appalled at the government meddling with private corporations.

Listen, folks, this is real simple. GM stopped being a private company the moment they came to Washington banging on our door asking for handouts. They don;t have to listen to a work, or follow a single guideline if they simply put their hand back in their pocked. But as long as 'WE' are going to invest in them to keep them afloat, well, we get a say in their management.

Can you imagine the outrage if the administration just handed over money without doing anything?!? This was a lose lose as the Right was going to pound on the President no matter what he did. The answer will be whether it works or not.

Flash

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