I saw this headline this morning : "U.S. bill seeks to rescue faltering newspapers"
Great. That's exactly what is needed. Let's just pour more money down the drain of failing companies.
Breaking news! Mom and pop polish restaurant in Nebraska is losing money. Government to step in with billions!
When will it end? When will they listen to me? LET THEM FAIL! They're freaking failing for a reason. Be it that they made poor bets (as in banks), people are not patronizing them anymore (as in newspapers), or other reasons (they're irrelevant and they suck.)
Nothing in this country is "too big to fail." Absolutely nothing. When the weak fall away, the strong remaining competitors get stronger. That's how it should be.
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