This is a more acerbic look at the president’s announcement of “victory” in the GM bailout. The man’s hubris and audacity are breathtaking.
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It was a victory of a kind, but not for the American taxpayer.
Outside the walls of his church the reverend is as dumb as a box of rocks when it comes to economic reality.
Economic reality overturned upside-down economic theory when two Walmart stores opened in Washington, DC last week.
It’s a Faustian bargain Lucy has made as a professional welfare gamer. The White House announcement just wanted people to know just how well it’s working.
The politicians in Chicago are just as venal and arrogant as those in Detroit, with the same outcome.
Once more, faith in free enterprise is confirmed. When a crack in the regulatory regimen appears, the free market flourishes.
It’s amazing what the free market will do if it is left alone to do it.
Unintended consequences once again prove the rule: if one wants a job done badly, just ask the government to do it.
Fracking doesn’t get enough credit for potentially changing … well … everything!