Washington continues to flush tax dollars down the toilet in the name of ‘fixing’ the economy. It’s now up to Europe to keep free-market capitalism alive.

This from the BBC:

Germany’s economy minister has said the government couldn’t afford to spend all the money required to save every threatened job at carmaker Opel.

With Fiat continuing talks to buy Opel from General Motors, the Italian firm has already warned that one Opel plant in Germany will likely close.

Fiat wants loan guarantees from the German government to secure the deal.

Karl-Theodor zu Guttenberg said the government “had an obligation to deal responsibly with taxpayer’s money”.