General Motors at the whipping post,
Where Hewitt makes his point as a seemingly reluctant and composed agitator, Rush Limbaugh makes no bones about what he wants in his own praise of the idea. The most amazing thing here is that Limbaugh appears to be openly admitting that the purpose of this is economic and political sabotage — to prevent President Obama from succeeding at something.
The whole point of the bailouts of banks, etc. is to save capitalism from its’ own inherent flaws, and from capitalists that believe that capitalism was invented by Adam Smith whom they apparently haven’t read either.
It is necessary to regulate human enterprises, not just economics, to prevent the wild fluctuations of human emotions from ruling intellectually based systems, much as one puts baffles in liquid transportation tanks.
The anti-statists are living in a dream world, incapable of moving out of the past or moving into the future, standing athwart the never was utopia of free enterprise yelling, “me!”
The rest of us must live in the real world of highly complex systems of economics and politics having outgrown national borders. I hardly expect to make a dent in the arguments of people who remain almost as ignorant of their own professed policy positions implications as they do of their perceived opposition. But there it is.