Well, score one against the free market.
In the Garden State, where Governor Chris Christie rules over hurricane clean-ups and bridge closures, Tesla (NASDAQ:TSLA) is no longer allowed to sell its vehicles.
Because apparently, doing so is in direct violation to a law that requires all vehicles to be sold through middle men. The law, which supporters claim exists to help customers, is the antithesis of free market capitalism. It dictates that if you want to sell a car, you must first go through a government-sanctioned outlet.
Of course, Governor Christie is big shot conservative, right? After all, he was just at CPAC boasting his conservative credentials. But you know as well as I do that talk is cheap.
In response to the recent decision to force a successful company out of business, one of Christie’s yes man said that Tesla would need legislation to establish direct-sales operations.
Why the hell does a business owner need to seek special legislation to sell something?
Chris Christie claims to be a free market advocate. But from what I see, he’s proving to be little more than another fake conservative who bows before the alter of special interests
In New Jersey, Capitalism Takes a Hit originally appeared in Green Chip Stocks. Green Chip Review is a free 2x-per-week newsletter, is the first advisory to focus exclusively on investments in alternative and renewable energies.