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Bailouts

Peter Schiff Speaks Truth About Economy – Keynesianism & The Federal Reserve Bank the Problem

March 30, 2009

Peter Schiff understands the economy.
Listen to him.

The verbose bald gentleman in this video is the kind of “expert” the media would have you listen to about the economy.

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Cardin’s Proposed Newspaper Bailout a Terrible Idea

March 29, 2009

Back on January 1, 2009 I had posted about a possible newspaper bailout.  Now another unscrupulous politician, Benjamin Cardin (D) is proposing The Newspaper Revitalization Act.
If this ever moves forward, there is going to be a lot of nonsense from politicians about the newspaper industry and tradition, and so on.
The fact is that they have [...]

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The Great Lawn Mowing Bailout – A Story of American Values

January 11, 2009

Once upon a time in an American town there was a well-liked All-American boy named Billy Jones. Billy wanted to attend his nearby state college. Being well-liked, people in his neighborhood paid him $15 per week to mow lawns so that he can save up for his college expenses. It seems like a nice deal. Billy is happy he is paid for his service and people are happy they have gained more free time and decreased their weekly burdens… all for a fair price.

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Government to Bailout Failing Newspapers?

January 1, 2009

Reuters has just released a piece about a foolish politician, Connecticut lawmaker Frank Nicastro, suggesting that it is his duty to bailout failing newspapers. Obviously this is a absurd suggestion, but the absurd is the rule and not the exception in recent times.

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Democrats Will Embrace Bailouts

December 14, 2008

The UAW is one of the biggest campaign funders of democrats.
This being said, of course the democrats would do whatever they have to in order to bail out the terribly run auto companies.

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