Category Archives: auto bailout

Before The Fall

The president is threatening that there’s more where the auto bail-out came from.

“Now I want to do the same thing with manufacturing jobs, not just in the auto industry, but in every industry.”

Meanwhile a Congressional Budget Office  report says a walk off the fiscal cliff will plunge the economy back into recession.

Make My Bailout

From spaghetti westerns to J. Edgar Hoover, Clint Eastwood commands attention. So when he gives a half-time pep talk at the Super Bowl you listen. Rich Lowry gave the performance a rave review but didn’t care for the script.

We’re All Investors Now

Republicans used to call it tax and spend.  Now it’s mostly just spend.  Democrats call it investing.  For all the hope and change, things have stayed pretty much the same.

I drew this in 1992.  

Voltwagon

Fredrich Hayek’s 1944 classic Road to Serfdom has become a best seller again.  He said that governments tend to plan production for political, rather than market, purposes.  Government owned GM’s new Volt costs $41,000, runs on a battery, and gets 40 miles per charge.

GM Pays You Back

100514bokloresGM paid off its TARP loan with money from its TARP escrow account, then used more of your money to buy ads to brag about it.  Nick Gillespie explains on Reason TV.