A recent article by Absolute Rights’ Managing Editor touches on the subject of auto bailouts and questions their validity.
Austin, TX (PRWEB) July 27, 2012
The latest article from AbsoluteRights.com by Managing Editor Tim Young highlights the auto industry bailouts from several years ago, and asks if they were worthwhile or simply bandages for a broken limb.
Young argues that not every business can succeed. Doing so is the risk businesses take; there’s either a good idea that generates business, or a bad one that’s destined to fail, Young said in the article.
“Capitalism is what makes America as great as it is,” Young said. “The ability for businesses to succeed or fail on their own are up to the businesses themselves…and yes, failing is an option.”
If America bails out the auto and banking industries, argues Young, what should stop them from bailing out every struggling industry?
“Even though we have turned around an American industry,” said Young, “we have caused more damage in the end by setting the precedent that the government will selectively help out failing businesses.”
The team at Absolute Rights works tirelessly to provide the information and insight needed for Americans to protect their civil rights and freedoms, and wants to remedy the lack of knowledge that pours through our society. Audiences that absorb Absolute Rights’ content will stay continually updated and informed by their broad panel of experts on subject matter ranging from legal challenges to survival techniques, from macro-economics to the best way to buy and sell gold, and everything in between.
Tim Young, a native of Baltimore, Maryland, joined Absolute Rights in the spring of 2012 and brought his brutally honest opinions with him. He has been consulted as an expert on campaign, social security, health care and labor policies. A professional stand-up comic, Young combines his political and comedic background to add a captivating voice to Absolute Rights’ mission of rights protection.
Absolute Rights informs patriotic Americans on their given rights, plus helps protect those rights from government or disaster intrusion. Most importantly, it prides itself on alerting people when their rights are being threatened, creating an active and informed community. For more information, be sure to visit AbsoluteRights.com.
For the original version on PRWeb visit: http://www.prweb.com/releases/prwebabsoluterights/autobailout/prweb9740196.htm
This article (Absolute Rights Article Brings the Focus Back on Auto Bailouts) was originally developed by and is property of American Banking News. Checkout American Banking News for up-to-date banking news and peer to peer lending news.