Simple Man Politics

Hello my friends and welcome to another installment of Simple Man Politics. Today’s topic is one I have had an opinion on for sometime, but of course I always do have an opinion on what I write about, so I guess that isn’t really news. However today’s topic is about news or more to the point newspapers and the idea that they need government bail outs to. As you are all aware of by now I have not favored bail outs for any businesses, so my opinion on newspaper bail outs will be no different.

It doesn’t matter to me whether your business is banking, insurance, investments, autos, news papers, or anyone for that matter. A free market capitalist economy/society has always had a survival of the fittest mentality, which means that the weak die and the strong survive. This philosophy is what ultimately makes a nations economy stronger. Unfortunately in this new age of entitlement that we are now suffering through, every hog is fighting for their place at the tax payer trough.

Now don’t get me wrong I used to enjoy reading the newspaper. When I was a kid I couldn’t wait for the Sunday paper to be delivered so I could read the comics. As a teen I added the sports page to my list of required reading from my local paper. When I became an adult my morning coffee and paper was a ritual that I was loathe to forgo, needing my information fix on local, state, and national news.

But as we all know times change. First with the advent of cable and ultimately the creation of the 24 hour news cycle it became possible for me to catch up on the news at the push of a button becoming my morning ritual of coffee and cable, instead of coffee and paper. With the creation of the internet and all of its resources it finally took the place of cable and coffee and became computer and coffee.

The great thing about all of this is that it has all happened in my lifetime, and I have welcomed the technology age with open arms, and so was delivered out of the dark ages and into the light. All of this has become possible because we had a growing economy willing to take advantage of cutting edge technology that has kept America at the forefront of the world economically, and eventually led to us being the sole remaining global superpower in the world.

In addition to all of that I have another reason for not wanting to see any newspapers getting government bailouts. The reason newspapers exist in the first place is to keep an eye on our government as well as the world to keep us informed. Unfortunately it has been proven that the newspapers are not looking out for us regular Joes anymore. Newspapers now have their own political agenda’s that they promote and are anything but fair and balanced in their reporting.

I personally don’t care whether a publication is left wing or right wing; they should not be picking sides in political fights. Their job is and should be reporting the news factually and accurately, without bias or prejudice. This rarely happens anymore and to the detriment of society I might add. Bailouts might make these newspapers supplicate themselves to the government making them unable to defend us against those they are supposed to be watching, the government.

I pay my bills, feed my family, put a roof over their heads, and clothes on their backs. Whether I am right or wrong we survive by the decisions I make every day, if I am right we swim, and if I am wrong we sink. There is no government program out there that is going to bail me out if I get in a little trouble. Sure there is unemployment and food stamp’s, but how long can you be a productive member of society on those pittances. So I say no government bailouts for me no government bailouts for anybody. My tax dollars should be working for me not big business, or Barack Obama and company.

That is all I have to rant about for today, but as usual I am sure I will find something else tomorrow. Have a marvelous Monday all, CIAO4NOW!!!!!

I was looking through all of my stuff I have in a folder I call political stuff. This is a folder on my machine that I keep in the hopes of one day actually writing about some of the stuff in it. Anyway I came across a transcript of an interview between Milton Friedman and Phil Donohue that took place way back in 1979. I also found a part of that interview at YouTube and watched it and it was very interesting.

Milton Friedman born July 31, 1919 and died November 16, 2006 was an American economist, statistician and well known public intellectual. He has also won the Nobel Memorial Prize in Economic Sciences, and was well known for his research into consumption analysis, monetary history and theory, and his demonstration of the complexity of stabilization policy.

Milton Friedman was based out of the University of Chicago he had great influence in shaping the entire profession as well as its research agenda. He wrote many different articles, papers, and books on microeconomics, macroeconomics, economic history, and public policy issues. He also did several television, video and lectures on these subjects also. He was also a leader of the Chicago School of Economics, which is at the University of Chicago.

Milton Friedman was originally a Keynesian supporter of what was called the new deal and an advocate for higher taxes. His belief system ultimately changed and he became a staunch supporter of the capitalist system and at one point even refuted his former Keynesian beliefs by claiming that monetary policy could have prevented the great depression and said that Keynesian policies would cause stagflation.

He points out in his interview with Phil Donahue that there has been no successful economy that did not have a capitalist agenda and free trade and that history proved this theory. He also debunked Donahue’s attempt at proving that a capitalist society rewards those willing to manipulate the system and that those who can’t manipulate the system or who have higher virtues suffer.

Anyway I just thought I would write a little about this historically important figure who was instrumental to the success of our economy. If he wasn’t influenced so much by his close friend George Stigler he would not have advocated many of the policies that made our economy the envy of the world under such figures as Ronald W, Reagan our 40th President.

I am including the Donahue interview video for you to watch. I hope you all have an excellent day, CIAO4NOW!!!!!