Ed Driscoll

A Feature, Not A Bug

Mark Finkelstein of Newsbusters:

Barney Frank favors bailing out the Detroit automakers over letting them go into bankruptcy. Chief among his concerns is that bankruptcy might “bust” the unions. You know, those organizations whose contract demands have put Detroit on the brink of extinction.

Exactly. In contrast, Mitt Romney recommends harsher medicine: “Let Detroit Go Bankrupt.”

As a proponent of the Airplane school of laissez faire economics, I concur.