I was watching Hardball with Chris Matthews and literally double took the television when I heard that Obama is actually stepping up with this bailout/auto industry nonsense and taking a stand for the tax payers. Before seeing this, I could have sworn that the government was A-OK with bailing out failing industries. I figured that they were OK with it because they did it to begin with — a big no-no.
A few firm beliefs:
1) the government should not interfere with the free market — if a business fails, it fails.
2) the government should not give incentives to businesses.
3) the government should not tax its citizens — and especially not use the tax money to bail out businesses.
It seems like a lot of people have a tough time dealing with the fact that some businesses will succeed and others will fail — all due to the supply and demand, the need for the business, the amount of workers, et cetera. It is natural for a business to fail — and perhaps it would be a great idea to let a big business fail, just to see what would happen. Taking money from the government, using it, and being back to square one is not the solution.