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Tuesday, March 31, 2009

Not wanting to be redundant, you know where I stand on this

The CobourgBlog has an interesting thread entitled Capitalism - not perfect but better than alternatives. John lays out the modern view of capitalism, Adam Smith and Ayn Rand modified to make it palatable. Unfortunately the discussion about the auto industry is splitting down predictable ideology, perhaps John and I perpetuate this but we make no apologies. But there is some enlightening opinion emerging in cyberspace. in "Cars, Banks and Confusion" by Eugene Robinson of the Washington Post who examines the double standard of relief being pushed by Obama.. AP has another story in a similar vein, "Workers say Obama treated autos worse than Wall St". I don't know what the volume of differing views say about the overall perspective but it is very interesting to read what others say. But in this debate who appointed Dennis DesRosier King of the analysts. This man has proved himself partial every time he opens his mouth and confirms that his advice is not balanced when he says things like, "Kenny Lewenza has no brains!" as he did on the CBC last night. If all he does is pander to the right wing talk shows, 640AM loves him ,it makes me me wonder how good his analysis is and who pays for it?
This article, by Terence Corcoran of the NP does it for me - a different POV. Questioning all of the conventional wisdom and laying out the composition of Obama's auto team with their competing interests made me wonder, as others do, just what does Obama want for the engine of the American economy.

BTW I have posted all of the 42 minute 30 seconds of George Gallways speech made to Canadians last night. Look on the video page here.

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