Buchanan: Is the Republican Party so fanatic in its ideology that, rather than sin against a commandment of Milton Friedman, it is willing to see America written forever out of this fantastic market, let millions of jobs vanish and write off the industrial Midwest?
So it would seem. "Companies fail every day, and others take their place," said Sen. Richard Shelby on "Face the Nation."
Presumably, the companies that will "take their place," when GM, Ford and Chrysler die, are German, Japanese or Korean, like the ones lured into Shelby's state of Alabama, with the bait of subsidies free-market Republicans are supposed to abhor.
In 1993, Alabama put together a $258 million package to bring a Mercedes plant in. In 1999, Honda was offered $158 million to build a plant there. In 2002, Alabama won a Hyundai plant by offering a $252 million subsidy.
"We have a number of profitable automakers in America, and they should not be disadvantaged for making wise business decisions while failure is rewarded," says Sen. Jim DeMint of South Carolina.
DeMint is referring to "profitable automakers" like BMW, which sited a plant in Spartanburg, after South Carolina offered the Germans a $150 million subsidy and $80 million to expand.
Be it BMW, Honda, Toyota, Nissan, Mazda, Mitsubishi or Hyundai, the South has become a sanctuary for foreign assembly plants, for which Southern states have been paying subsidies.
Fine. But why this "Let-them-eat-cake!" coldness toward U.S. auto companies? General Motors employs more workers than all these foreign plants combined. And, unlike Mitsubishi, General Motors didn't bomb Pearl Harbor.
Showing posts with label milton friedman. Show all posts
Showing posts with label milton friedman. Show all posts
Tuesday, December 16, 2008
Buchanan Rips Fellow Republicans On Auto Bailout
Conservative Patrick Buchanan shames his Southern republican cohorts and he gets kind of stupid about Mitsubishi.
Labels:
auto bailout,
jim demint,
milton friedman,
pat buchanan,
richard shelby
Wednesday, June 11, 2008
Obamacans On The Rise
as you may know, obamacans are republicans who like obama (obamacon for conservative). these aren't the extreme types, like certain unmentionables on this blog (i don't mention certain people to be one less person to give them attention), let's just say some of them do radio and are somewhat childish, spreading gossip and stupid emails.
obamacons or obamacans are republicans who like obama for his pragmatism. he isn't just calling for big government just for the sake of it, obama actually wants government to play a positive role in changing people's lives.
obama's practical nature shines through and people of any stripe can appreciate that, especially after the tyranny of george bush and his assorted cronies.
obamacons or obamacans are republicans who like obama for his pragmatism. he isn't just calling for big government just for the sake of it, obama actually wants government to play a positive role in changing people's lives.
obama's practical nature shines through and people of any stripe can appreciate that, especially after the tyranny of george bush and his assorted cronies.
the new republic: The largest group of Obamacons hail from the libertarian wing of the movement. And it's not just Andrew Sullivan. Milton and Rose Friedman's son, David, is signed up with the cause on the grounds that he sees Obama as the better vessel for his father's cause. Friedman is convinced of Obama's sympathy for school vouchers--a tendency that the Democratic primaries temporarily suppressed. Scott Flanders, the CEO of Freedom Communications--the company that owns The Orange County Register--told a company meeting that he believes Obama will accomplish the paramount libertarian goals of withdrawing from Iraq and scaling back the Patriot Act.
Libertarians (and other varieties of Obamacons, for that matter) frequently find themselves attracted to Obama on stylistic grounds. That is, they believe that he has surrounded himself with pragmatists, some of whom (significantly) come from the University of Chicago. As the blogger Megan McArdle has written, "His goal is not more government so that we can all be caught up in some giant, expressive exercise of collectively enforcing our collective will on all the other people standing around us in the collective; his goal is improving transparency and minimizing government intrusion while rectifying specific outcomes."
In nearly every quarter of the movement, you can find conservatives irate over the Iraq war--a war they believe transgresses core principles. And it's this frustration with the war--and McCain's pronouncements about victory at any cost--that has led many conservatives into Obama's arms. Francis Fukuyama, the neoconservative theorist, recently told an Australian journalist that he would reluctantly vote for Obama to hold the Republican Party accountable "for a big policy failure" in Iraq. And he seems to view Obama as the best means for preserving American power, since Obama "symbolizes the ability of the United States to renew itself in a very unexpected way."
find out who else is an obamacon
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