12.16.2008

Let 'em die

Even Andrew Sullivan is opposing a Big Three bailout:
The point of capitalism is that actions have consequences. Once that market discipline is removed for a few of the worst, ill-managed, union-crippled companies in America, the stage is set for endless mediocrity, government-run industry (i.e. even more endless mediocrity), and a free-for-all at the government trough.


Yep.