1.
What concerns you about President Obama's approach towards reviving the
American auto industry?
Simply put: He’s not reviving the American auto industry;
he’s taking over it. The American experiment was born of the right
of an individual to his or her own liberty and freedom; to control his or her
own destiny. But today we are witnessing the dissolution of the dividing line
between the private and public sector; between individual liberty and
governmental authority.
Government has kicked private business out of the board
room and installed itself as CEO, CFO and board of directors of American
automobile manufacturing companies. It is making decisions about who to hire and who to fire,
how much to budget for advertising, and what car lines to continue to
manufacture.
And, now, it’s railroading auto dealers into signing away
their livelihoods.U.S.
News & World Report’s Michael Barone called this “gangster government,”
and I quite agree.Besides the $110 billion
price tag the taxpayers have been forced to pay, the precedents we are setting
are alarming.For instance, they
literally turned established law on its head to give the unsecured claims of
UAW priority over the secured claims of retired teachers and police officers
from
Indiana.We
must consider the precedents we’re setting now before the consequences gain too
much momentum to stop.
