Ron Paul On Auto Bailouts: We’re Nationalizing

December 20th, 2008 9:06 am  |  by Marc Gallagher  |  Published in Bailouts, Big Government, Free Market, Money, Ron Paul, government spending  |  0

Ron Paul was on FOX Business News yesterday speaking out against George Bush’s decision to bailout the U.S. auto makers. He argues that we are nationalizing the companies.

“You can’t preserve something by destroying it.”

“How does the government bailout companies when the government has no money?”

“We will not permit the corrections that are absolutely necessary.”

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