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With the unhappy Barney Frank “leaning on GM” to keep a facility open in his district, we can see how decisions at the troubled auto manufacturer will be subject to political pressures at the expense of legitimate busines conerns. Would a company effectively owned by the government want to antagonize the chairman of a powerful House committee, even if he is a career politician with zero experience in the private sector?
What does this mean-spirited Massachusetts Congressman know about running a business? He’s spent his professional life trying to regulate them without considering the consequences of his actions. He has never working in an enterprise which produces things, creates wealth, expands opportunity and fosters innovation. And yet he has a say in how GM runs its business.
This is what happens when government takes control of private enterprise. Political considerations replace economic ones.
Those who want to give people like Barney a say in the running of General Motors (and Chrysler for that matter), that is those who favor Obama’s Auto Plan, can show that they really believe this is the right way to manufacture automobiles by putting their money where their mouths are. When it comes time for them to buy a new car, they should buy a GM (or Chrysler) model. Heck, why wait? Show your confidence in this plan by buying one now.
But, something tells me that Obama’s actions notwitstanding, his strongest supporters will be driving BMWs, Audis, Lexises (Lexi?) and Saabs, at least those who live in my neck of the woods. In these parts, it does seem that a great number of those makes continue to sport Obama stickers on their bumpers.
UPDATE: Moe Lane contends I’m not taking this “nearly far enough“:
We’ve already established that this administration considers falling in with its policy positions to be ‘patriotic‘: and clearly, supporting the GM/Chrysler takeover is falling in with its policy positions. Considering that – as usual – the Political Class is wildly divergent from mainstream America when it comes to this issue, it is clearly their patriotic duty to make certain that the GM/Chysler bailout succeeds. That means selling that hybrid made by a foreign auto company and buying an American car*. And since it’s a crisis, well, they need to do that right now. Everything else has to be, so this should be, too.