Obama: 'I Don't Want to Run Auto Companies'

President Barack Obama says the government should help Chrysler and General Motors stabilize but then should get out of the auto business as quickly as possible. (April 29)

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[ipbalkenende]

If someone calls me an idiot I respond, especially if his comments are completely idiotic and add nothing to the conversation.

[ipbalkenende]

@TheTable

What point are you even trying to make? I disagree with your statement that growth is finite but I would agree 10% annual growth is not going to last forever. But I really don't see any critique of either FDR or JFK?LBJ in your comment. If we assume growth is finite and FDR was on the upper bound of that finite growth isn't that impressive?

[TheTableImprov]

Unions run California. But California can't just print more money when its deficit gets too big.

[TheTableImprov]

if you were a real businessman you would realize that "growth" is finite. an intelligent investor knows this and looks at his investments in these ways. you think it is realistic to have 9% annual growth every year from then on? thats like being in the shoelace business thinking you are going to sell a million pairs of shoe laces to every citizen. every year. forever.

[TheTableImprov]

can't you guys have a discussion without calling each other stupid, or idiot, or morons? both of you are idiots.

[TheTableImprov]

people that mention this 1% thing are kool aid drinkers. instead of talking about that talk about Progressive taxation.

[mrperson123]

It amazes me that people just sit back and takes this. If we just wait for him to to something without intervention, he will plunge us into something that will be very difficult to get out of. If obama gave his next speech in a Nazi uniform or USSR uniform (which actually would be appropriate for him) nobody would care. The media would not even report it. May i remind you, the soviet union collapsed, along with Nazi Germany. True socialism and fascism does NOT work.

[uindy]

"I don't want to run this...run that"...Ok, neither does the taxpayer want to foot the bill for companies that can't run a "business." 

What is wrong with failure?

[bucko60]

if people say bush is the reason the economy plunged, then why was the dji at it's highest point ever at just over 14,000 in oct of '07? the economy plunged just before and during the election of obama, plunging especially hard in november. investors are scared of socialists taking their money, so they pull it out.

[elijah5791]

First, police and firemen are essential to a free society. Second, those services are not handled at a federal level, but rather at a local one. They are completely invalid to your point. Third, Socialism isn't the same as "publicly funded services." That is part of it, but it's much greater than that.

Socialism seeks to transfer all power and wealth into the hands of the political elite, through heavy taxation, and government control of private industry. The government owns you!