Ron Paul on the Detroit bail-out

Thanks to Phil Donohue for sending me this link to Ron Paul’s speech criticising the bail-out of the American auto industry.

It’s good to see him calling the socialists out: and righly calling this nationalisation.  Government does not exist to manage car companies.  Government does not exist to own hauliers, travel agents, or pubs in Carlisle: all of which used to be nationalised in this country.

In Marxist-Leninism, heavy industry, banks and insurance companies, transport and utilities are the key to the economy.  Lenin called them the ‘commanding heights’, because they connect and sustain all the other sectors and provide universally-demanded goods and services.  Once they’re taken over, the rest of the economy will follow, and we can kiss goodbye to our hopes of one day living in a free society.