Comments on: Should the Government Bail Out Newspapers? http://www.blog.populistamerica.com/2009/01/27/should-the-government-bail-out-newspapers/ Liberty, Peace, Prosperity Fri, 20 Nov 2009 22:46:25 -0800 http://wordpress.org/?v=2.8.4 hourly 1 By: Michael Boldin http://www.blog.populistamerica.com/2009/01/27/should-the-government-bail-out-newspapers/comment-page-1/#comment-653 Michael Boldin Wed, 28 Jan 2009 00:07:10 +0000 http://blog.populistamerica.com/?p=930#comment-653 No doubt that there shouldn't be bailouts of any kind. Bailouts only continue to subsidize and encourage bad behavior, bad choices, bad management, bad financial decisions, and the like. It's true - the federal government doesn't have any money, so they'll just have to print it up, or borrow it. That'll give us the tax of inflation - higher prices for all goods and services - higher than what is coming already. A great primer for these general economic principles is always Henry Hazlitt's masterpiece, <strong><a href="https://www.amazon.com/dp/0517548232?tag=populistparty-20&camp=0&creative=0&linkCode=as4&creativeASIN=0517548232&adid=0509DT7BXTRDQTHM1WCQ&" rel="nofollow">Economics in One Lesson</a></strong>. No doubt that there shouldn’t be bailouts of any kind. Bailouts only continue to subsidize and encourage bad behavior, bad choices, bad management, bad financial decisions, and the like.

It’s true – the federal government doesn’t have any money, so they’ll just have to print it up, or borrow it. That’ll give us the tax of inflation – higher prices for all goods and services – higher than what is coming already.

A great primer for these general economic principles is always Henry Hazlitt’s masterpiece, Economics in One Lesson.

]]> By: Dave Anderson http://www.blog.populistamerica.com/2009/01/27/should-the-government-bail-out-newspapers/comment-page-1/#comment-652 Dave Anderson Tue, 27 Jan 2009 23:19:05 +0000 http://blog.populistamerica.com/?p=930#comment-652 Steve, are you suggesting that the government should "bailout" people who have jobs? The government really should be doing nothing of the sort. First of all, the government is broke. Just to continue to exist it needs to borrow billions from the chinese and the japanese. Secondly, it's completely against the principles of a free society to take money from one group of people for the advantage of another group. The best thing the government can do in this situation is get out of the way and let the correction work its course. Otherwise, we'll be facing something much longer, and much more difficult than even the great depression. Steve, are you suggesting that the government should “bailout” people who have jobs?

The government really should be doing nothing of the sort. First of all, the government is broke. Just to continue to exist it needs to borrow billions from the chinese and the japanese. Secondly, it’s completely against the principles of a free society to take money from one group of people for the advantage of another group.

The best thing the government can do in this situation is get out of the way and let the correction work its course. Otherwise, we’ll be facing something much longer, and much more difficult than even the great depression.

]]> By: Steve Henderson http://www.blog.populistamerica.com/2009/01/27/should-the-government-bail-out-newspapers/comment-page-1/#comment-651 Steve Henderson Tue, 27 Jan 2009 20:32:16 +0000 http://blog.populistamerica.com/?p=930#comment-651 i agree Stalin would be pleased ...but how about a bail-out fro the middle class working men & women who still have jobs ? i agree Stalin would be pleased …but how about a bail-out fro the middle class working men & women who still have jobs ?

]]> By: Ferenc http://www.blog.populistamerica.com/2009/01/27/should-the-government-bail-out-newspapers/comment-page-1/#comment-650 Ferenc Tue, 27 Jan 2009 12:15:43 +0000 http://blog.populistamerica.com/?p=930#comment-650 I have a feeling that the government wants to "bail out" read: buy - every industry in the country.  Stalin would be proud! I have a feeling that the government wants to “bail out” read: buy – every industry in the country.  Stalin would be proud!

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