Thoughts Aloud

Archive for December 20th, 2008

David Boaz of the Cato Institute makes an interesting case:

Jonathan Cohn of the New Republic suggests that the federal government use its new power over the auto companies to fire a General Motors vice chairman who has expressed skepticism about the catastrophic effects of global warming, and congressional Democrats wanted to forbid the firms from filing lawsuits against state environmental regulations.

That’s corporatism for you: Big, established corporations get taxpayers’ money as long as any dissenting scientific or political opinions are suppressed.

Socialism is dead even in Moscow and Beijing.

The real choice Americans face is whether we want a free market or a corporate state.

He thinks Obama will increasingly support corporatism over socialism. I am skeptical, but he does seem rather pragmatic. I see his support of the auto industry more as supporting unions than corporations; but time will tell. ◄Dave►