( - promoted by Eric B.)
Hugh Hewitt thinks that sabotaging Obama's assistance to GM, and destroying Michigan-based manufacturing jobs as a result, is the best way to promote capitalism. But I won't support a government-owned car company that tilts the competitive field against every other car maker, and the feds now own and control GM, and the new Government Motors has a $65 to $75 billion dollar advantage over the shareholders, bondholders and workers at every other car company in the country. The left doesn't care because President Obama decreed this state of affairs it so it must be good, but it is inimical to the American way of doing business, building widespread prosperity, the middle class and great cars, and to ideals of freedom and liberty. A government-owned car company is a car company that can dictate who wins and loses and who gets the good deals. That's the danger of Government Motors.
This is from the party that prides itself on being the best at promoting business, remember. GM asked for the federal government for a loan, and after presenting a sound business plan, the federal government gave it to them. In exchange, the federal government was given a stake in the company. For reasons unknown to really anyone, what is a fairly typical state of affairs involving borrowers and lenders is somehow tantamount to the Death of Teh Republic on the right. Meanwhile, in something that says more about how stupid Hugh Hewitt is than it does about how smart Rush Limbaugh is, El Rushbo now claims that he never backed a boycott of GM. "I don't do boycotts," Limbaugh said during his Wednesday show. "I do not sponsor them; I do not encourage them. I never have. I think it is media childishness when people start urging boycotts. I have never, ever done such a thing, and I didn't do this with General Motors." That's a changed tune from Friday's show, when Limbaugh spent several minutes discussing the idea of a boycott, declared, "Nobody wants to support an Obama company," spoke in support of a caller who planned to boycott the company's car's and made no mention of his distaste for boycotts. No, Rush, you just devote considerable portions of your radio show musing over polls showing that 26 percent of Americans said they wouldn't buy a GM car as long as the government owned a significant chunk of it. |