Commentary

No More Bailouts!

Treasury Secretary Henry Paulson, President George W. Bush, and Congress are getting ready to try an experimental procedure on America and it’s going to cost Main Street big time. As the nation’s economic doctor, Secretary Paulson gave the United States just a few months to live unless the federal government conducts radical surgery to rid us of the subprime mortgage cancer. Unfortunately, no one seems to want a second opinion. It’s bailout or bankruptcy for all. Congress should unleash the private sector to address the current financial meltdown. Read a full plan here: http://reason.com/news/show/128972.html

Anthony Randazzo

Anthony Randazzo is a senior fellow at Reason Foundation, a nonprofit think tank advancing free minds and free markets.