...of bullshit. He didn't nationalize the banks, which many in both parties wanted, did he?
Obama is telling the auto industry it needs to restructure or die. THEY are coming to the government for a bailout, and if the government invests or lends, then, like any bank or investment group, it can demand accountable leadership that can deliver performance.
His criticism of business leaders has been well-placed and dead on. At the same time he’s not demonizing the whole capitalist system. He's also made it a point to listen to leaders from all sectors of industry at a series of West Wing meetings.
Face it, only the government is big enough to fix some of the many badly broken things about our economy. That doesn't mean taking over the economy, it means fixing the problems which threaten our long term prosperity.
Flame » in reply to On GM, I'm curious...
You guys are going to get nowhere trying to push the "Obama is a commie" line...
