General Motors, like the other two geezers of the Old Three, is a vast retirement home with a small money-losing auto subsidiary.
Mark SteynHow do you 'invest in the future'? By borrowing $188 million every hour. That's what the Government of the United States is doing. It's spending one-fifth of a billion dollars it doesn't have every hour of every day of every week - all for your future!
Mark SteynAnything that shifts power from the individual judgment of free citizens to government is a bad thing.
Mark SteynIf you took every single penny that Warren Buffett has, it'd pay for 4-1/2 days of the US government. This tax-the-rich won't work. The problem here is the government is way bigger than even the capacity of the rich to sustain it. The Buffett Rule would raise $3.2 billion a year, and take 514 years just to pay off Obama's 2011 budget deficit.
Mark SteynKafka would surely have been impressed by the twin ambitions of the modern empathetic state: the need to set up hyper-regulatory bodies preventing you from doing anything yourself, while simultaneously endowing lavish pseudo-agencies to hand out leaflets listing a 1-800 number you can dial to order more leaflets.
Mark Steyn