I wrote this back on March 30:If a free market fan wanted to show the government that they didn't want politicians in their lives (not to mention cars) then there's one thing they should do: make it a Ford.
It looks like it's become a popular idea. Here's some news from today's Washington Post:
Ford Motor on Thursday posted a surprise profit of $2.26 billion for the second quarter, ending a streak of four straight quarterly losses.
In recent months, the carmaker has claimed market share from its American rivals, General Motors and Chrysler, while those companies struggled to restructure their operations in bankruptcy court.
The article doesn't mention it, but GM and Chrysler took government cash while Ford didn't. GM immediately found out what it means to dance with the devil when the President of the United States canned the president of their company, instantly making GM stand for Government Motors.
Result? The only US automaker not to take government cash is making money.
The Salesman in Chief is having a splendid month, isn't he?
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