Posted tagged ‘Bailout’

Too Big To Fail GM vs. Too Small To Save Hostess

August 8, 2013
Box of Twinkies

Box of Twinkies (Photo credit: Wikipedia)

FREE MARKET CAPITALISM OR CRONY CAPITALISM

I noticed Hostess products are back on the shelves again in grocery stores. It leaves me scratching my head about how this could possibly have happened because I thought they went bankrupt. I remember when GM was going to go bankrupt we were told that GM needed to be bailed out to save the company and all the jobs, because we couldn’t see an America without GM. The politicians and the media were banging this drum as loudly as they could, leaving the impression that if Government (using yours and my money) didn’t step in to help, GM would go under and cease to exist. When Hostess declared bankruptcy, the politicians and theĀ  media weren’t beating the same drums, in fact the drums were silent. I guess if GM was “too big to fail”, and Hostess was “too small to save”! Apparently the only thing that saved GM from going extinct, was the rigged crony capitalist bankruptcy set up (more…)

Diffused Costs And Concentrated Benefits, Are Why Politicians Will Never Cut Spending.

December 11, 2012

This is a short video from learnliberty.org about the uphill battle we have in trying to roll back the size of Government, and hold on to our individual liberty. Any growth of Government means a reciprocal loss in individual freedom, why, because the decision of the individual is usurped by Government bureaucrats who are back stopped by the coercive power of the state.

The growth of Government and the corresponding loss of individual liberty has happened incrementally over the (more…)