Chrysler and the Rule of Law

Todd J. Zywicki, an economics professor at my alma-mater George Mason University, writes in today’s Wall St. Journal about the Chrysler bankruptcy and the rule of law.

Perhaps I am beating a dead horse in the new Bush/Obama socialism, where the government owns banks, mortgage lenders, and car companies. Maybe America just isn’t about free markets, personal liberty, and rule of law anymore. But it seems to me that the Constitution, which says the government must make “uniform laws on the subject of bankruptcies” (Article I, Section 8, Clause 4), prohibits the federal government from treating Chrysler’s bankruptcy any different than any other bankruptcy.

Anybody hear me?

I weep for the republic.

Scott Bradford has been putting his opinions on his website since 1995—before most people knew what a website was. He has been a professional web developer in the public- and private-sector for over twenty years. He is an independent constitutional conservative who believes in human rights and limited government, and a Catholic Christian whose beliefs are summarized in the Nicene Creed. He holds a bachelor’s degree in Public Administration from George Mason University. He loves Pink Floyd and can play the bass guitar . . . sort-of. He’s a husband, pet lover, amateur radio operator, and classic AMC/Jeep enthusiast.