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Change You Can Pay For
Snapped Shot — ... But, now that we have elected The One, all that will change. We no longer have to worry about those silly and frustrating economic swings. ...

A matter of perspective really
¡No Pasarán! — Depending on your world-view it is a case of "strike while the iron is hot" -or- "bend over ..... again".

Moral Hazard Rears Her Ugly Head
RedState: Conservative News and Community — ... So now, the bailout target of choice appears to be Big Auto. An industry that has largely failed to adapt to modern times is beseeching Washington for funds with which to stay afloat. I vote no. Everything that those concerned about moral hazard have warned about is coming to pass; businesses are viewing the government as the stopgap of last resort and passing off their losses to the taxpayer. More and more, government is being forced to choose which industries live and which die. This was and is the job of the free market and the market can certainly do the job better than any ...

Moral Hazard Rears Her Ugly Head
A Chequer-Board of Nights and Days — So now, the bailout target of choice appears to be Big Auto . An industry that has largely failed to adapt to modern times is beseeching Washington for funds with which to stay afloat. I vote no. Everything that those concerned about moral hazard have warned about is coming to pass; businesses are viewing the government as the stopgap of last resort and passing off their losses to the taxpayer. More and more, government is being forced to choose which industries live and which die. This was and is the job of the free market and the market can certainly do the job better than ...

Sunday Open Thread
JustOneMinute — ... in the backyard that apparently can double as a barbecue pit. Early April Fool's, or game-changer? And saving General Motors - yea or nay? In a different world I would say pull the plug. But there is no way Obama lets GM fail in the first six months of his Presidency, nor should he. The people who thought the Lehman bankruptcy would provide a salutory lesson of capitalism in action where surprised by the consequences (a money market fund broke the buck, every other money fund fled to T-bills and the commercial paper market froze - who coulda guessed!?!). There is no way ...

Open Thread
NewsBusters.org - Exposing Liberal Media Bias — For general discussion and debate. Possible talking point: now we're bailing out the auto companies? Where is this government inteference into capitalism going to end? How concerned are you? On the other hand, the auto industry employs about ten percent of working America -- maybe much more if you include ancillary industries that supply carmakers. It's estimated that if any of the Big Three goes under, it could cost about 4 million jobs. Is that enough of a moral imperative for government to try and prevent it? Or is this a slippery slope, ...

TigerHawk TV: On markets and bailouts
TigerHawk — It is the weekend, so it is time for another edition of TigerHawk TV! In today's episode, I discuss the financial markets in terms even a lefty can understand, and fulminate against bailing out the automobile industry . As always, any and all feeback is most welcome. Prior episodes of TigerHawk TV can be seen here , or by clicking the link on the right sidebar. 0 Comments: Post a Comment This page is powered by Blogger. Isn't yours? Weblog Commenting and Trackback by HaloScan.com [image] [image]

Should we bail out big auto?
Roger L. Simon — ... Seems as if Pelosi and Reid are hellbent on bailing out GM and  other American auto companies. I’m of two minds about this and am trying to restrain my bias. It’s worth remembering that — just as Al Gore is finally irrelevant to the existence or not of anthropogenic global warming — just because Pelosi and Reid are for something, doesn’t mean you have to be against it. Again, they, like Gore, are irrelevant.  Stick to the facts, as far as they can be ascertained. ...

Change You Can Pay For
Snapped Shot — ... But, now that we have elected The One, all that will change. We no longer have to worry about those silly and frustrating economic swings. ...