BARNEY FRANK WANTS TO NATIONALIZE THE US AUTO INDUSTRY

FOXNEWS | 11/12/08 | FOXNEWS

[penelopesire]

FOX NEWS ALERT on Cavuto just now. Frank proposing legislation to 'partly' nationalize auto industry in America! Unfreakinbelievable!

[sanchmo]

i am john galt

[GoforBroke]

If so, I’ll never buy an American car.

[penelopesire]

LOL. I should not be laughing...but what is one to do? I sure hope the republicans come out swinging on this at the very least.

[Jet Jaguar]

Sweet! Now we can have quality cars like the Trabant!

[al_c]

Government cars, eh? P.O.S.’s that are way overpriced. What a great idea!

[Dog]

For all of those who stayed home on election day.....and who could not bring themselves to vote for McCain....this messages is for you.

Elections Have Consequences....Live with it.

[texmexis best]

This is an attempt to crash the markets.

[yazoo]

Since most of the American auto industry is owned by foreigners I assume he is talking about the big three in Detroit. I’d love to see the cars produced under government supervision. Probably weigh 300 pounds, seat 3 people, have only 3 wheels and get 4 miles to the gallon.

[Stentor]

Frank proposing legislation to 'partly' nationalize auto industry in America! Unfreakinbelievable!

Can't have anyone competing with the government. Next come the import controls.

[al_c]

Careful ... he may take you up on the offer.

[nina0113]

I wonder what happens when the government runs out of money?

Or print so much that the dollar’s value dwindles to nothing?

The cities starve and the countryside survives.

[penelopesire]

“These people just cannot wait to destroy the democratic party...

I love it.”

Me too! I just hope they don’t destroy our country first.

[NoControllingLegalAuthority]

They may be able to nationalize the American auto companies but how are they going to make us buy their crappy cars?

[Intolerant in NJ]

BARNEY FRANK WANTS TO NATIONALIZE THE US AUTO INDUSTRY...after bringing the mortgaga industry to its knees by pushing Fannie and Freddie to underwrite loans for people who couldn't pay them back, Barney puts his fianacial savvy to work on the autos - somebody stop this guy before there's nothing left of the economy......

[al_c]

Can you dig it?

Word.

[tioga]

Socialism. first maurice hinchey wanted to nationalize the oil industry, now franks and the auto industry. Bah, humbug to them!

[Petronski]

After all the “kook” is being proven correct on all counts.

ROFLMAO

[randomhero97]

Finally, driving a Toyota will be the mark of a true American patriot.

Hear, hear. I drive my Tacoma proudly.

[Drill Thrawl]

Link:

http://news.yahoo.com/s/ap/20081112/ap_on_go_co/auto_bailout

[penelopesire]

If Wall Street is now hanging on Barney Frank’s every utterance..they are going to crash anyway....lol!