Socialism: It Works

We should give it a try!

"The U.S. government lost $9.26 billion on the auto industry rescue, according to the final accounting released late Monday.

In its report, the U.S. Treasury Department said it recovered $70.43 billion of the $79.69 billion it gave to General Motors Corp., Chrysler LLC and auto lending arms Ally Financial Inc. and Chrysler Financial. The government was repaid through a combination of stock sales, partial loan repayments, dividends and interest payments."

I swear, each time I hear the asinine assertion 'the government made money on the bail out' I want to scream like a lunatic.

The government is not good at turning a profit.


Venezuela gets more absurd by the minute.

"The Venezuelan President, Nicolas Maduro, has ordered the takeover of a private supermarket chain by the state food agency.

Speaking on television, he accused Dia a Dia of hoarding food during huge shortages in the country.
This week, soldiers and government workers were sent to branches of a large supermarket and pharmacy chain to supervise sales.

Venezuela's economy has been heavily affected by the drop in oil prices."

My Lord these people are priceless.

This is what happens when you have an ignorant ideologically driven political class.

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