As a fervent foe of “big government”, he reluctantly accepts the need for the bank bail-out to prevent the entire financial system grinding to a halt. But he has no truck with the attempt to keep afloat the motor industry, most notably General Motors. “Saving GM was folly,” he says. “Millions of investors around the world were looking at GM and all agreed it was worthless. Then a guy who’s a lawyer with an Ivy League liberal arts education [Obama] comes along and tells me that my tax dollars are going to bail out GM. If I had wanted to own part of GM, I’d have a stockbroker.”
Monday, September 21, 2009
Free-wheeling ...
... PJ O'Rourke: a hellraiser who had to slow down. (Hat tip, Paul Davis.)
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