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GOVERNMENT BAILOUTS: THE AUTO INDUSTRY (THIS TIME)

Posted by admin | Posted in News | Posted on 30-10-2009

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On Feb 24, 2009, Freedom Party personality Paul McKeever was a panelist upon a CTS (Crossroads Television) programme “On a Line” with horde Christine Williams. In this segment, a row discusses either or not a supervision should bail-out struggling automobile manufacturers…but a beliefs have been a same, either a emanate is automobile manufacturers, or banks, or bowling alleys.

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Comments (21)

Paul I do not know many people that refuse to compromise on key issues the way you do, and I LOVE IT!!! good stuff, keep standing up for the truth.

oh btw. did you go to the objectivist meeting in Toronto in early April? I was in the city but I didn’t learn about it until I was back home…

governments, this country, WE would not have this conversation had the car manufacturers not accepted gas engines for their cars… take the engine out, put an electric engines in it… …that’ what i would do. if I had the power 2 do anything… we go bankrupt fighting wars simply because we are addicted to the engine in the car.. Change the engine, screw gasoline change the system, keep the car manufacturers, keep the mechanics, keep everyone, drop the socialist talks, it’s sickening!

We have it, it was called the economic stimulus act.

Christine thought so too. She wished she had been able to spend more time on it.

Good points Paul. Segment was far too short though.

“If the Big 3 are too big to fail, then they need to quit acting too stupid to succeed.”

Fantastic!

But can you explain what exploitation you are talking about?

We need an equalization of suffering act!

History has proven that companies are not above exploiting workers, and workers are not above exploiting benefits. An ideal balance would be best, instead of each side claiming the other is ruining everything. Left to their own devices, EITHER side would ruin everything.

Nice jab about Honda, Paul. If the Big 3 are too big to fail, then they need to quit acting too stupid to succeed.

“Wait. That’s false.” Oh that was great. Nailed it.

Try starting by explaining the creation of credit or debt by banks out of thin air as inflationary first. To be honest, the banking system creates way more inflation without a 100% reserve than the government could ever do by printing money (although the current administration is going to give them a run for their money, no pun intended.)

Nothing gets an socialist to listen to you faster than apealing to their wealth envy. After that, showing how the government does it as well is easy.

I’ve had a heated face to face argument on this same exact topic myself, but people just don’t seem to be able to comprehend it, when it really isn’t so complicated, it’s as if they are completely brainwashed by altruism.
I wish I could pin down the key to making them see the truth of it.

I hope so. You didn’t really get a chance to get into the explanation of other elements of the markets corrective mechanism. Thought you did well with the little time you had though. Nice work Paul.

Unfortunately, the most sadistic of the socialists truly believe that it is too complex to understand. The confusion is a byproduct of the analytic/synthetic dichotomy that most neo-mystics tout today. The result is a contradiction in identity and causality that keeps them from correctly perceiving reality. Blame Kant for that.

BTW, printing money is the same as stealing because it inflates the money supply and transitions value from the notes in circulation to the notes hot off the press.

I always get the “You’re over-simplifying” response to arguments when I bring up the basic way in which the government gets money too (stealing it or printing it).

They have to pretend the immorality of it all is actually so complex that judging it as immoral is too hard for anyone to do, or is different case by case (aka subjective morality).

Some great quotes here! I love the polisci’s pragmatic attitude of, “yeah but what about… yeah but… yeah but…” He’s not interested in *justifying* action so much as *getting away with* it.

Ah, that was just beautiful. Paul, you absolutely nailed it.

McKeever Rocks.

How can human beings ever learn another valuable lesson if they’re not allowed to experience the consequences of THEIR own choices. PhD degree and this guy thinks it’s mean to allow money to go to productive people. How does he think wealth is generated? Where does he think money comes from !!!!!!??? I’m sick of these people who pretend they’re nice by stealing from hard working people in order to reward union bosses for ruining the auto industry. It’s disgusting. Way to go Paul.

on last night’s clip, that is.

The capitalist dude pissed me off to the point that I had to stop watching this clip when he couldn’t get capitalism/individualism and collectivism right.

I do like what he says in this clip however.

Actually, Christine had to record some “spots” after the show, so the conversation didn’t continue. However, in the green room a few minutes later, she expressed some regret that she hadn’t started into the bail-out topic sooner: I think she was really into it. Next time, perhaps.

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