Lost Republic
"A correct theory of depressions and of the business cycle does exist, even though it is universally neglected in present-day economics."
~ Murray Rothbard (referring to Austrian Business Cycle Theory)

Obama Boasts About Auto Bailout Results In Detroit

President Barack Obama Friday sought to rally support around the government intervention to keep General Motors and Chrysler afloat.

Obama, speaking during visits to GM and Chrysler plants in Michigan, sought to highlight the benefits to workers at the now-revived companies to blunt criticism of the federal bailout, one of the most frequently criticized actions of his presidency so far. (Read more from rttnews.com)

Reaction #1:

B-R-O-K-E-N W-I-N-D-O-W F-A-L-L-A-C-Y !!!!!!!!11

Reaction #2:

double face palm

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