http://wnymedia.net/wnymedia/buffalopundit/2008/10/detroits-chickens-coming-home-to-roost/ Buffalo and Western New York's online news resource Sat, 21 Nov 2009 21:03:41 -0500 http://wordpress.org/?v=2.8.5 hourly 1 http://wnymedia.net/wnymedia/buffalopundit/2008/10/detroits-chickens-coming-home-to-roost/comment-page-1/#comment-29730 WNYPMH Mon, 13 Oct 2008 18:52:00 +0000 http://buffalopundit.wnymedia.net/blogs/archives/7187#comment-29730 What's remarkable is how many times I hear from Republicans that the free market system doesn't need intervention. And yet no one noticed over the years that the Japanese were selling more cars? That higher mileage cars were a whole new market that people would pay good dollar for. American free markets are terribly reactive, and seldom proactive. We just keep seeing more examples of how the free markets seem incaple of taking care of themselves. We've had to bail out the airlines, the banks, the investment houses, the auto industry.....hmmmm. When do they start taking care of themselves? I tell my own kids that trust is not given, it is earned. When do these American industries start earning the trust so that we can leave them to their own devices? What’s remarkable is how many times I hear from Republicans that the free market system doesn’t need intervention. And yet no one noticed over the years that the Japanese were selling more cars? That higher mileage cars were a whole new market that people would pay good dollar for. American free markets are terribly reactive, and seldom proactive. We just keep seeing more examples of how the free markets seem incaple of taking care of themselves. We’ve had to bail out the airlines, the banks, the investment houses, the auto industry…..hmmmm. When do they start taking care of themselves? I tell my own kids that trust is not given, it is earned. When do these American industries start earning the trust so that we can leave them to their own devices?

]]> http://wnymedia.net/wnymedia/buffalopundit/2008/10/detroits-chickens-coming-home-to-roost/comment-page-1/#comment-29729 Patrick Mon, 13 Oct 2008 15:47:45 +0000 http://buffalopundit.wnymedia.net/blogs/archives/7187#comment-29729 Well said, Alan. I hope that more will be done to rectify these mistakes under Obama's administration. 2020? That CAFE regulation should have been for 2015 at the latest. Well said, Alan. I hope that more will be done to rectify these mistakes under Obama’s administration. 2020? That CAFE regulation should have been for 2015 at the latest.

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