Ayn Rand saw it coming:
The wise and powerful wizard Obama, having loaned taxpayer money to Detroit to "bail them out" -- thus avoiding simple bankruptcy, where the firms might have shed their overly costly union contracts and emerged to renewed profitability -- now simply decrees what kind of cars Detroit will make. He might as well just put Howard Waxman, Charlie Rangel and Barney Frank in the executive offices at the Big Three, in fedoras and double-breasted striped zoot suits like Ayn Rand's Wesley Mouch, Cuffy Meigs, and Emma Chalmers, and have done with it.
Is this the same Barack Obama who said, late last month, with mock humility, "I don't want to run auto companies. ... I don't know how to create an affordable, well-designed plug-in hybrid"?
The chutzpah here, the arrogance, is astounding. Does this man really believe he has the whole nation hypnotized -- that he can say one thing while doing just the opposite?
Well, yes, actually he not only believes it, he does have the nation hypnotized. Not all of us, of course, but enough that with a Democrat Senate and House he can bludgeon those who aren't hypnotized.
Last night The Papa proposed that we buy another family-sized vehicle before they become unavailable. But even that might not be enough to protect us from Obama:
We might be willing to bet that Americans will start to hold onto their powerful "old" vehicles, spending more to fix them up rather than falling for "tax credit" gimmicks to trade them in for dangerous little golf carts into which Obama and his bi-coastal elite want to see us squeezed.
Obama and congressional Democrats will fight any such resistance to their schemes by raising fuel taxes to artificially increase the price of gasoline. If that doesn't work, they'll try to outlaw the older, better performing vehicles, outright.
The takeover of our economy continues at a dizzying pace...and don't think that once accomplished it will be easily undone by a new election. These things are almost never walked back.
Where is our John Galt?