Friday, November 14, 2008

government bailouts

All of this government intervention in the economy is stimulating my libertarian reflex. I unenthusiastically supported the large bailout package after hearing the president's comments on the issue. I certainly do not have any extensive knowledge in this area and simply trusted the judgement of our president. Now I hear the call for more bailouts. NO! Government intervention is not efficient or effective for the most part. Additionally, there is no incentive to manage a responsible business if government bailouts are available when you screw up. It is time to let the free market correct itself. NO MORE

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