President Barack Obama claimed today that he is "an ardent believer in the free market", all evidence to the contrary, in an attempt to reject claims that his programs are socialist. So let's check the record. He told Joe the Plumber he thought spreading the wealth was good. He took over GM and Chrysler in violation of the rights of secured creditors and federal bankruptcy law. He appointed a Pay Czar to oversee compensation. His administration has overseen "cash for clunkers", a program designed to create demand for cars by destroying cars (the Soviets used to burn boots in piles outside factories because there was no demand for them but the government had said they must be produced).
This is an ardent believer in the free market? I find it easier to believe he's an ardent believer in the tooth fairy.
No comments:
Post a Comment