Ron Paul discusses the real problem behind the past bailouts and the bailout of the Big Three.

This is what scares me about the things that have been going on in Washington for the last few months. Think about what has been happening recently, then think about the definition of socialism - An economic system in which the production and distribution of goods are controlled substantially by the government rather than by private enterprise, and in which cooperation rather than competition guides economic activity.

Yeah, I can’t wait to have a car czar. What a brilliant idea.