Comments on: Stop passing the taxpayer’s buck http://www.redstate.com/robwasinger/2009/04/02/stop-passing-the-taxpayers-buck/ Just another RedState: Conservative News and Community weblog Fri, 10 Apr 2009 00:16:06 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: remycon5 http://www.redstate.com/robwasinger/2009/04/02/stop-passing-the-taxpayers-buck/#comment-14 remycon5 Fri, 10 Apr 2009 00:16:06 +0000 http://www.redstate.com/robwasinger/?p=6#comment-14 The "too big to fail" argument is a bit too much. Government interference and control into failed businesses either delays the inevitable (bankruptcy) or hoists up a failing business model onto a precarious set of crutches whose false stability is maintained by tax dollars. There are other means to deal with the situation. There is also a punishing performance aspect to this --- when a few of the heavy hitters get whacked, a lot of the smaller businesses suffer as sweeping reform is implemented. Let responsibility be shouldered by the responsible parties. The “too big to fail” argument is a bit too much. Government interference and control into failed businesses either delays the inevitable (bankruptcy) or hoists up a failing business model onto a precarious set of crutches whose false stability is maintained by tax dollars. There are other means to deal with the situation. There is also a punishing performance aspect to this — when a few of the heavy hitters get whacked, a lot of the smaller businesses suffer as sweeping reform is implemented. Let responsibility be shouldered by the responsible parties.

]]> By: mikejmoe http://www.redstate.com/robwasinger/2009/04/02/stop-passing-the-taxpayers-buck/#comment-12 mikejmoe Fri, 03 Apr 2009 18:38:30 +0000 http://www.redstate.com/robwasinger/?p=6#comment-12 I can't agree more Rob. Good ole' free economics work every time. Government interference never works... I can’t agree more Rob. Good ole’ free economics work every time. Government interference never works…

]]> By: sheba http://www.redstate.com/robwasinger/2009/04/02/stop-passing-the-taxpayers-buck/#comment-10 sheba Thu, 02 Apr 2009 19:34:54 +0000 http://www.redstate.com/robwasinger/?p=6#comment-10 Responsibility.... Good luck. If people came equipped with personal and social responsibility we probably wouldn't be in this mess. It feels as if the world has gone crazy. Anyways, I feel your frusteration...... Responsibility…. Good luck.

If people came equipped with personal and social responsibility we probably wouldn’t be in this mess.

It feels as if the world has gone crazy. Anyways, I feel your frusteration……

]]> By: Brian Darling http://www.redstate.com/robwasinger/2009/04/02/stop-passing-the-taxpayers-buck/#comment-9 Brian Darling Thu, 02 Apr 2009 18:42:43 +0000 http://www.redstate.com/robwasinger/?p=6#comment-9 One of the many offensive results of the bailout bonanza on Capitol Hill is that the big corporations are being given a leg up on small businesses with federal monies. Bailing out large banks gives them a competitive edge against smaller banks. This may be an unintended consequence of bailouts, but it does show that when the federal government attempts to aid corporations with bailout monies they inevitably harm the free market system. Stop the bailouts and we will not have to worry about the allocation of resources by bureacrats burried in the Department of Treasury or the Fed. Good post Rob. One of the many offensive results of the bailout bonanza on Capitol Hill is that the big corporations are being given a leg up on small businesses with federal monies. Bailing out large banks gives them a competitive edge against smaller banks. This may be an unintended consequence of bailouts, but it does show that when the federal government attempts to aid corporations with bailout monies they inevitably harm the free market system. Stop the bailouts and we will not have to worry about the allocation of resources by bureacrats burried in the Department of Treasury or the Fed. Good post Rob.

]]> By: texas214 http://www.redstate.com/robwasinger/2009/04/02/stop-passing-the-taxpayers-buck/#comment-8 texas214 Thu, 02 Apr 2009 17:25:46 +0000 http://www.redstate.com/robwasinger/?p=6#comment-8 through its normal capitalist cycle by the time Zero and his crew get around to doing anything. The biggest problem we are going to have is that the stimulus, omnibus, and pending budgets are going to do more harm than good. No one has been perfect in this situation but so far Bernake has done an overall excellent job (probably a mistake here and there) and ha sdone more than any single person to guide us through this. The question needs to be asked of him what will be the biggest impediment to a sustained recovery would be; my guess is to much intrusion by the government into fiscal policy. through its normal capitalist cycle by the time Zero and his crew get around to doing anything. The biggest problem we are going to have is that the stimulus, omnibus, and pending budgets are going to do more harm than good.

No one has been perfect in this situation but so far Bernake has done an overall excellent job (probably a mistake here and there) and ha sdone more than any single person to guide us through this.

The question needs to be asked of him what will be the biggest impediment to a sustained recovery would be; my guess is to much intrusion by the government into fiscal policy.

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