Have just read this post over on Liberal Conspiracy by Dave Osler saying it is now time to nationalise Vauxhall. What an absolutely genius idea that would be... not. Why should the British taxpayer fund the propping up of a crappy car maker?
I've never really got the instinctive call for nationalising big companies. Not because I'm a rabid market fundamentalist - which admittedly I am - but rather why they never ask the question "why is this company failing?" before suggesting we nationalise it.
It seems the cry goes up that "we must to save jobs!". The problem is we're talking about saving jobs in order to produce rubbish cars that no one wants to buy and when they do they're rather embarrassed about it.
It's not even as if Vauxhall make original cars, let alone decent ones. Who would buy a Vauxhall when you could pay comparatively less and get a Honda or a Toyota. Why buy a pretend car that sucks when you can buy a proper one built by the Germans or Japanese?
The reason that Vauxhall shouldn't be nationalised is pretty clear. They make crap cars.