Friday, December 12, 2008

And the Times talks out of both sides of its mouth - again...

Editorial - What’s Plan B?:
"As the American economy sinks into the deepest recession in a generation — caused in large part by this sort of anti-government and anti-regulatory dogma — it would be folly to allow the ideologues to undermine efforts to pull the country out."

We can argue all we want about the virtues (or not) of bailing out the American auto industry. There really are 2 sides (and maybe then some) to this unfolding disaster. But, of course, the NY Times, in its ever infinite wisdom, sees only one side; and then uses the above reasoning.

The rest of us know better. There is just as much blame to be shared here by the big government, quasi-nationalized Fannie and Freddie fools, as there is from the greedy, underfunded free-enterprise set. But, the Times editors think a bail-out is in order, so who are they to let the facts get in the way of a good ol' fashioned prejudice when they are in the mood?

No comments: