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Old 02-09-2010, 08:58 PM
horn78 horn78 is offline
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Default Why should the Government stay out of Private Business?

" Ayn Rand couldn't have imagined it any better: a government with a majority ownership stake in a car maker lobbing sound bites that damage the "competition."

While it's not Ray LaHood's fault that the U.S. government got into the car business, his comments suggesting that Toyota drivers should stop driving their cars did a nice job of underscoring the folly of this type of government intervention.

Now, the Wall Street Journal is reporting that congressional investigators are questioning Toyota's fix to their safety problem. Just imagine the board of Pepsi presiding over hearings to decide if Coke is really "it."

Obviously, the government should have the authority to ensure that vehicles sold in the U.S. are safe to drive. What it should not have is the authority to buy car companies.

All of this really shines a bright light on the insanity of the health care "public option" that congressional democrats and others on the left want so badly. It is crystal clear to me that the same conflicts of interest would arise on a regular basis. The idea that it would "increase competition" and "keep the insurance companies honest" is laughable. Our health care system needs fixing, but the answer is a market-based solution, not public health care. This piece by John Stossel still holds up very nicely on the topic.

It's pretty simple. The government should stay out of business, out of the way of business and out of my business."

http://www.rochesterpundit.com/2010/...ve-public.html
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  #2  
Old 02-10-2010, 04:16 AM
Diverdog's Avatar
Diverdog Diverdog is offline
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Quote:
Originally Posted by horn78 View Post
" Ayn Rand couldn't have imagined it any better: a government with a majority ownership stake in a car maker lobbing sound bites that damage the "competition."

While it's not Ray LaHood's fault that the U.S. government got into the car business, his comments suggesting that Toyota drivers should stop driving their cars did a nice job of underscoring the folly of this type of government intervention.

Now, the Wall Street Journal is reporting that congressional investigators are questioning Toyota's fix to their safety problem. Just imagine the board of Pepsi presiding over hearings to decide if Coke is really "it."

Obviously, the government should have the authority to ensure that vehicles sold in the U.S. are safe to drive. What it should not have is the authority to buy car companies.

All of this really shines a bright light on the insanity of the health care "public option" that congressional democrats and others on the left want so badly. It is crystal clear to me that the same conflicts of interest would arise on a regular basis. The idea that it would "increase competition" and "keep the insurance companies honest" is laughable. Our health care system needs fixing, but the answer is a market-based solution, not public health care. This piece by John Stossel still holds up very nicely on the topic.

It's pretty simple. The government should stay out of business, out of the way of business and out of my business."

http://www.rochesterpundit.com/2010/...ve-public.html
There is one HUGE problem with this article. If it were not for the Japanese government Toyota would still be making silk looms instead of cars. The government of Japan helped create the automobile industry in Japan through protectionism and direct financial help to the car makers.

DD
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Old 02-10-2010, 08:21 AM
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Duke Silver Duke Silver is offline
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It's the 20s and 30s remix!

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Old 02-10-2010, 10:08 AM
horn78 horn78 is offline
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Originally Posted by Diverdog View Post
There is one HUGE problem with this article. If it were not for the Japanese government Toyota would still be making silk looms instead of cars. The government of Japan helped create the automobile industry in Japan through protectionism and direct financial help to the car makers.

DD
So, is this our opportunity to get them back?
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