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First recorded activity by BoatBanter: May 2007
Posts: 13,347
Default More on Govt designed cars

Jim wrote:
Reginald P. Smithers, IIII, Esq. wrote:
EPA Administrator Lisa Jackson told NPR’s Michelle Norris yesterday:
“The President has said, and I couldn’t agree more, that what this
country needs is a one single national road map that tells automakers
who are trying to become solvent again what kind of car it is they
need to be designing and building for the American people.” Norris
then asked: “Is that the role of Government though? That doesn’t sound
like free enterprise.” Jackson responded: “Well it is free enterprise
in a way.”


Interesting that a Google search for that quote only shows hits from the
right wing sites, like the Heritage Foundation. NPR didn't show a hit.

I spent way too much time on what appears to be more misleading right
wing out of context quotes.

Let's say it is an actual quote. Is it free enterprise, even a little,
for a private company to ask the government for a bail out?

No, it's not, "even a little bit."

Try a google search for part of the quote and see if you can come up
with a hit other than the usual right wing nut cases.



Free enterprise...that's when corporations fleece the public and pass
the profits onto their execs and shareholders and screw the public and
pass the losses onto the taxpayers.

I was in favor of letting the financial services corporations and
partnerships fail - the banks, the brokerage houses, AIG, whatever. They
should have been allowed to go down the tubes. Obviously it takes
nothing but money to start up a new financial institution, and the
failed institutions would have been replaced by now.

But failed manufacturing companies? Their jobs and products are almost
impossible to replace these days. Manufacturing is important. Paper
shoveling on wall street is not.