Beggars Can't Be Free - The American Spectator | USA News and Politics
Beggars Can’t Be Free
by

The auto execitives have declared that “there is no Plan B” if government doesn’t come to their aid and that their failure “could spark a depression.” If they accept a a handout under such desperate circumstances, they will have to be accountable to chairman Nancy Pelosi, who is demanding that they present Congress with “a new business model, a new business plan.” Right now, corporate executives are systematically aiding and abedding the destruction of the free market. When they cannot manage themselves and need government to step in, they open the door for more regulation and interference in the economy, while the rest of us pick up the tab.

The day after the $30 billion Bear Stearns bailout — which now seems quaint — I wrote:

The extraordinary intrusion into the free market over the past several days by the Federal Reserve Board under Chairman Ben Bernanke should send shudders down the spines of conservatives everywhere….

The Fed’s actions will also give advocates of big government another argument to use against free marketers. If taxpayers end up footing the bill when Wall Street banks get into trouble, they will ask, why shouldn’t the government be able to impose more regulations on them preemptively?

That’s exactly what is happening, only on an increasingly broader scale than I envisioned.

Sign Up to receive Our Latest Updates! Register

Notice to Readers: The American Spectator and Spectator World are marks used by independent publishing companies that are not affiliated in any way. If you are looking for The Spectator World please click on the following link: https://spectatorworld.com/.

Be a Free Market Loving Patriot. Subscribe Today!

Stop the Inflation Grinch From Stealing Christmas!

That’s right, the Grinch (Joe Biden) is coming for your pocketbooks this Christmas season with record inflation. Just to recap, here is a list of items that have gone up during his reign. 

Gas: 40%+
Beef: 20%+
Used Cars: 20%+
Lodging: 17%
Eggs: 13%

What hasn’t increased? The cost to subscribe to The American Spectator! For a limited time, we are offering our popular yearly subscription for only $49.99. Lock in the lowest price of the year by subscribing today

The Grinch Stole Christmas Sale
Commander-in-chief of Christmas inflation