March 30, 2009

No More Cars For You!

GM, Chrysler recovery plans 'not viable'

As if we didn't know that a decade ago.

You know, what we have here is a fundamental loss of faith in the magic of the markets, but also a fundamental loss of faith in the government's ability to govern the markets.

And how did that happen eh? Let's make a list of all the stupid, irresponsible, criminally dangerous things the US government has done since Whenever.

Or not.

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