When even the New York Times sees the socialist writing on the wall.
In this article,(password may be required) David Sanger exposes the Obama team's auto bailout plan for what it really is:
But what Mr. Obama went on to describe was a long-term bailout that would be conditioned on federal oversight. It could mean that the government would mandate, or at least heavily influence, what kind of cars companies make, what mileage and environmental standards they must meet and what large investments they are permitted to make — to recreate an industry that Mr. Obama said “actually works, that actually functions.”
It all sounds perilously close to a word that no one in Mr. Obama’s camp wants to be caught uttering: nationalization.
Uh-oh, Mr. Sanger better have his taxes in order – I see a rather strict audit in his near future.