As I have suspected all along, the ‘bailout’ for automakers is much more than that. It’s an opportunity for Senator Dodd and others who think like him to micro-manage the auto industry to fit their agenda.

Senate Banking Committee Chairman Chris Dodd said General Motors Corp. Chief Executive Richard Wagoner should be replaced as a condition for federal aid and Chrysler LLC may have to merge to survive.

…

Dodd said that GM is in the “worst shape.”

“Chrysler, is, I think, basically gone, probably ought to be merged,” Dodd said. Ford Motor Co. is the healthiest domestic automaker, he said.

Chrysler spokeswoman Lori McTavish said it would be “inappropriate for the company to comment on the speculation.”

Thanks but no thanks. I like my marketplace run by the private sector and fed by consumers. Once the government starts controlling it all, it’s not really capitalism anymore, is it?

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