Wednesday, December 10, 2008

Federal Bailouts Hurt the Long-term Strength of Our Economy

Government bailouts only prolong the time inefficient management teams can keep control of a business. Inefficient management always hinders the health of a company and its progress. The sooner the ineffective are out the sooner the assets can be put to more productive use.

Lawrence Lessig's rant: the mistake in bailouts

Walter Williams - Bailouts and bankruptcy

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