George Reisman writing at Mises.org...
"What has happened to General Motors is symbolic of what is happening to the United States. The United States is being destroyed economically and culturally by irrational theories and policies. The standard of living of its people is falling. Government officials are preparing to accelerate the fall by means of the imposition of insane policies designed to curtail energy consumption and roll back the production of wealth. The American people have elected a President who has expressed regret that the Supreme Court "never entered into the issues of redistribution of wealth" because it "didn't break free from the essential constraints that were placed by the Founding Fathers in the Constitution."
Read the rest here.
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