Jonathan Johnson, the president of Overstock.com, sat down to talk about Card Check with me at CPAC this morning. We had a great conversation, as Johnson is one of the few industry leaders willing to go head-to-head with the unions on their pet piece of legislation. We also talk about Overstock’s business model and how a proper use of the free market handles economic downturns more rationally than government:
In a recession, it’s all about the O — and all about a free market setting rational prices for assets. Had we stuck with that truth from the beginning, we may never have had the housing bubble that precipitated this crisis.
Johnson helps lead the effort against EFCA at Save Our Secret Ballot. Be sure to keep checking on Card Check developments.