Monday, June 14, 2010

Government Bailout of "Newspapers"

For the most part people aren't impressed by "newspapers". (The term news is used very loosely in this case.) People aren't buying them and they may go bankrupt.

I say "GOOD!!!". Let them go bankrupt. Going bankrupt is the only way to show a business the error of it's ways if it refuses to learn from falling sales.

People are tired of reading a political agenda that is passed off as news.

Of course the normal response from the federal government is - wait for it - you know it's coming - RAISE TAXES.

Here is your link.

Here is a Ronald Reagan quote that seems relevant to me:
Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.

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