RATTNER DOESN'T HIDE HIS BIAS VERY WELL: Auto Bailout Was a Bargain for Taxpayers, Economy — Letters to the Editor - WSJ.com
Clearly and brazenly Rattner omits any discussion of the favoritism shown the UAW and the disdain shown investors.
As such, Rattner and the Obama crowd show utter ignorance of how the free market works.
Clearly they know how to bend over for the unions.
The article in this Thursday's paper on Illinois is emblematic of the deep divide (can we say 'through the looking glass' divide) that exists between the Democrats and their liberal, union and welfare-centric policies and the globally competitive economic environment faced by the US collectively and private businesses generally.
As further shown by Obama's floating of the idea of a social security tax holiday for employers, he and his administration seem totally out-of-touch with the broader problems of the economy that can be laid directly at his feet and the feet of government.
As such, it is hard to imagine anything but the long slog that characterized the 1970's economy and its mismanagement and disappointment.
Thursday, June 9, 2011
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