Friday, November 19, 2010

Over 100,000 Jobs The GOP Didn't Want To Save

Think Progress has a nice piece on the success of the GM bailout and their successful IPO.  GOP leadership at the time ranted on about the destruction of the free market and how the bailouts of the auto industry would be, “the road toward Socialism."

I always like it when the Republicans talk about the destruction of the free market. Right wing free market dogma speak doesn't apply when it's some monopoly the wingnuts wants to protect from competing in the so called free market.  In fact the existence of free markets is pretty much a total bullshit lie when it comes to the way multinational corporations operate in today's world.

I wonder what the more than 100.000 auto industry workers, who's jobs were saved or created by the bailout, feel about the Republican fears of Socialism and destruction of the free market now.

1 comment:

  1. Anonymous4:03 PM

    Free market capitalism, much like theoretical Marxism, works perfectly in theory. It runs into trouble almost immediately because it assumes a level playing field. No one in their right mind would believe that the Koch brothers started with a level playing field. If the right wing is serious about pushing limitless, unregulated markets, they must be honest about it and prevent one generation of wealthy from passing on any benefits to their children. Obviously, they don't give a damn about that, they just want more, more, more for themselves and the rest of us be damned.