Sacred Ego

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Tag: Bailouts

Yaron Brook on Chrysler's Bankruptcy

May 3, 2009 | Capitalism | By: John

I particularly liked his quote half way in that “This is so corrupt – it’s hard to imagine a couple of years ago we’d be at this point in American history”. Exactly – I’ve said this several times, but I never thought I’d see outright, true and real fascism so fully on display in this [...]

Yaron Brook on the Auto Bailouts

March 30, 2009 | Government | By: John

Right on the heels of my post below, I see that Yaron Brook was on PJTV today discussing the Auto Bailouts as well.
He hits on many of the points I touched on below, specifically the outright fascism that was on display today.
I’m sorry, and I guess I shouldn’t be surprised, but if you’d have [...]

Let’s call it what it is.

March 30, 2009 | Government | By: John

First, a definition:
“Under fascism, men retain the semblance or pretense of private property, but the government holds total power over its use and disposal.”
Second, a series of quotes from the Wall Street Journal:
Mr. Wagoner was asked to step down on Friday by Steven Rattner, the investment banker picked last month by the administration to lead [...]