Why is our government bailing out automotive companies, banks, insurance companies, and mortgage companies? As a capitalist (and libertarian), I am confused as to why government is in the business of rescuing companies, lenders, and borrowers from their situations. We have laws in place for individuals and companies to deal with losses-- bankrupcy.
If the current administration and the complicit congress are going to bail about something or someone, why not bail out newspapers? At least the newspapers are an integral and necessary foundational piece of democracy. For all of their editorializing and slanted reporting, the demise of newspapers, new rooms, and journalists, is a true national tragedy-- the beginning of the end of the free press. The younger generation will have difficulty determining a legitimate source. We have the most varied and available news in the free world. Do we really want to be relegated to internet blurbs and wiki-news? If that is the direction we are headed, someone needs to tell the education system to modify the curriculum to include logical reasoning and analysis, moreso than the current schools do. Give me a liberally-biased newspaper on my driveway instead of Twitter-type news from self-important undereducated blowhards any day!