Rick
2009-04-07 07:59:41

@Dave S: “What, precisely, has Obama done to indicate authoritarian tendencies?” You mean aside from summarily firing Rick Wagoner, instead of telling GM they could go pound sand?

Pick up a copy of WaPo:

http://www.washingtonpost.com/wp-dyn/content/article/2009/04/03/AR2009040302835_pf.html

“Look Who’s Politicizing Justice Now,” Whelan

http://www.washingtonpost.com/wp-dyn/content/article/2009/04/05/AR2009040501890.html

“Obama’s Machine Sputters in Effort to Push Budget,” Eggen

http://www.washingtonpost.com/wp-dyn/content/article/2009/03/23/AR2009032302830.html

“US Seeks Expanded Power to Seize Firms,” Applebaum and Cho

http://www.washingtonpost.com/wp-dyn/content/article/2009/04/02/AR2009040203287.html

“Obama’s Ultimate Agenda,” Krauthammer

http://www.washingtonpost.com/wp-dyn/content/article/2009/04/03/AR2009040303025.html

“Government vs the Axles of Evil,” Will

and one from the AP:

http://www.google.com/hostednews/ap/article/ALeqM5i2fSfiLKBt378cbNdHd_F1-SnDAgD974TFJ80

“Geithner, Bernanke Want Executive Pay Standards,” Kuhnhenn

The free market already has mechanisms to take care of all this, called “bankruptcy.” It’s a painful process, but it’s short and clears out the “bad money” almost exclusively. Political machinations draw out the process, making the whole thing more prolonged and painful, and chase out far too much “good money” with the bad. They also have a tendency to centralize power with those who should be least-entrusted with it (by whom I mean ALL of the politicoes), slowing down recovery even further. Which if Obama and his hirelings (and yes, before you point it out, Bush and his crew too!) had any historical aptitude on economic matters, they’d already know, and have already started the process – by doing pretty much the exact opposite of what they’ve been up to since day one of each of their administrations.