Saturday, October 01, 2011

Why government funding of businesses is a bad idea

While the White House hotly denies pressuring Ford into taking down an F150 commercial critical of President Obama's bailout of GM and Chrysler the United Auto Workers, it apparently is a fact that the White House did "contact" Ford about the matter.  As if Ford can ignore the fact that the White House has (unconstitutionally) arrogated to itself the right to lend, or withhold, tens of billions of dollars of bailouts and lending, not to mention a "nudge" to the appropriations process for government vehicles.

A bloody knife?  No, but even so a clear reason to end government subsidies of businesses.  More or less, President Obama just told Ford "Nice truck ya got there.  Would be a shame if something happened to it!", and that's something that can't be tolerated in a free country.

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