On capitalism: Judge Napolitano says it best
Feb 27, 2009 general
In this phone interview with Glenn Beck, Judge Napolitano describes what the Federal government is doing in layman’s terms when they bail out failing companies like GM and AIG. He says, “let’s take the bailout of the automobile manufacturers. Consumers have voluntarily chosen not to buy the products made in Detroit, such that every car they make in Detroit they lose money on. And investors have voluntarily chosen not to invest in Detroit such that they don’t have enough money to run their businesses. But the government that we have freely elected has chosen to go over our freely made choices and force us against our will to invest in these failing companies. “ He goes on to say that it’s not even permitted under the constitution and that it is theft when the government takes our money against our will.
Tags: bailout, constitution, financial crisis, Fox News, Glenn Beck, Judge Napolitano, liberty
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