Monday, June 22, 2009

The Unfit Survive Through Government Takings

Mark Steyn reports:
When the going gets tough, the tough get bailed out. Your car business operates on a failed business model? Don’t worry, the taxpayers will prop that failed business model up forever. You went bananas on your credit card and can’t pay it back? Don’t worry, we’ll pass a law to make it the bank’s fault. Your once golden state has decayed into such a corrupt racket of government cronyism that the remaining revenue generators are fleeing your borders faster than you can raise taxes on them? Relax, we’re lining up a federal bailout for you, too. Your unreadable newspaper has just woken up from its 96-page Obama Full Color Inaugural Souvenir bender to discover that its advertising revenue has collapsed with the real-estate market and GM dealerships? Hey, lighten up, Senator Kerry’s already been pleading your case in the Senate. Is it really so hard to picture President Obama calling the mayor next spring to assure him he has no plans to move the New York Times out of New York?
Imagine that.