No doubt there is a long list of industries that Obama will be happy to “bail out”, and by bail out, we mean of course spend billions in taxpayer owned debt to take over, carve up and hand out to their supporters.The rape of the American auto industry by Obama and his henchmen was a classic case of a gang of politicians robbing the country blind in order to provide patronage to their backers, both at the union and the dealership level. But that is par for the course.
Obama promised to fix the capitalist arrogance of the free market with some wealth redistribution, which is a lot like a mugger telling you that he can cure your credit card debt by taking all your money. Now we’re seeing just how far that mugging went and how many victims it’s leaving behind. And we’re not done yet.
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