The destruction of capitalism

The Liar-In-Charge, Obama the Wonderful, announced today that the government is not interested in running a car company; he did this as he informed us that the government is taking over control of G.M., which will now be a state owned company ala the Soviet Union. This misdeed is doomed to failure, and the Obama crowd once again demonstrates their inability to learn from history. A few years ago, the British government took over Rolls Royce, and a little later, British Leyland car companies. Both failed miserably, and when Margaret Thatcher became P.M., she privatized the companies and they became successful again. This conversion of G.M. to a virtual state owned company is the worst travesty that Washington bureaucrats have ever perpetrated upon the American people and our capitalist system. The L.I.C. said a great deal about the takeover. He threw out a lot of nice sounding words to mitigate what he has done, but, to cut through the crap, here is the short version: The only gainers from this leap into fascist-socialism are the Marxists among the left-wing hard core, who dream of transforming America into a socialist state and the auto-workers unions that got this deal in return for partial control along with the government and their continued support of Obama. The formula is as follows: take from the taxpayers, give to left-wing allies, and destroy the American market-driven, free economy in the process.