Philosophy 101

(Let us set aside the many ways in which goverment interference, through onerous regulations, stifles the profit making ability of businesses.) The essential argument to make against business bailouts is this: Bailing out enterprises like GM means forcing the consumer, i.e. the tax payer, to pay money to GM without receiving anything in return. The consumer who does not want its products has to pay GM anyways without getting anything for his money. The consumer who has purchased a GM product pays more without receiving more. Bailing businesses out means your right to liberty does not need to be respected. It does not matter whether you want a business’s product or service; you still have to pay the salaries of incompetent executives and to secure the jobs, pensions and healthcare plans of thousands of employees who think it is right that you are forced to sacrifice for them. At bottom, a bailout violates your rights because it negates your freedom of choice. That is why bailouts are immoral.

It’s Election Day! Here is some food for thought sent to me by a friend (thanks, Steve!).

545 PEOPLE
By Anonymous

Whether you agree or not, whether you are a Democrat, Republican, or neither, this article should give everyone in this country something to think about, mull over, and discuss.

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