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The problem with taking loans from the feds is that they end up demanding same very bad ideas. Barney Frank, the man who brought us the credit crisis, thinks he knows best when it comes to running a car company. Owned by the far left, Representative Frank wants the Detroit automakers to focus on producing ‘green‘ cars. By dictating what kind of cars that are produced in Detroit, the feds are exerting way too much power. What’s worse, is that it’s a bad idea. The feds compelled the banks to give out loans to people who had no chance of repaying them. Now Congress wants to get into the car business. Let the market work itself out. Don’t hinder the car companies with producing a lineup of cars that people won’t want in ten years.
