Where in the United States Constitution does it grant my government the right to take our money and use it to prop up enterprises that can’t manage to compete in the open market? Now we’re supposed to bail out GM and Chrysler as well?
(And if you answer “the General Welfare Clause”, you might as well just start singing the Internationale, and put on one of those stupid Che Guevara t-shirts.)
Holy living fuck. I know I’ve said this before, but we seem to have adopted a fucked-up version of socialism where failures are socialized, and success stays privatized. (Apparently, a lot of the banks that were just bailed out with taxpayer money are going to use a significant chunk of that public change to make dividend payments to their stockholders next year. Details here, and here. Wrap your mind around that for a second. European governments expressly prohibited the recipients of their public bailout cash to pay out any of that money for dividend payments. I wonder why our bailout package didn’t come with similar restrictions?)
At least real socialists have the good sense to nationalize profitable businesses as well. And don’t start telling me how Obama is going to turn this country into East Germany with drive-throughs…have you seen how many Republicans voted for the bailout package?
Ah, fuck it. Let’s just go all the way, and nationalize every business above a thousand employees. It’ll save a lot of paperwork.