Thursday, January 8, 2009
How can I put it delicately?
Too big to fail is a reason to bail out a company? Any company? How about a company that deals in … porn? Consider -- if I can put it carefully -- that the government may have better luck getting its money back and might be able to get its money into the hands of the employees faster than with the auto companies. Also… (1) with the recession raging people are staying home, need entertainment, yet don't want to make babies they can't afford. (2) This industry makes something people can actually use, unlike much of the financial industry. (3) After a while people get tired of video games. So, isn't this an industry that would produce a bigger bang for the government buck? Alas, there is so much collateral exploitation.
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