Thoughts, essays, and writings on Liberty. Written by the heirs of Patrick Henry.

“It's time we asked ourselves if we still know the freedoms intended for us by the Founding Fathers. James Madison said, "We base all our experiments on the capacity of mankind for self-government." This idea that government was beholden to the people, that it had no other source of power, is still the newest, most unique idea in all the long history of man's relation to man. This is the issue of this election: Whether we believe in our capacity for self-government or whether we abandon the American Revolution and confess that a little intellectual elite in a far-distant capital can plan our lives for us better than we can plan them ourselves.”     Ronald Reagan

December 19, 2007

Quote Of The Day — Creative Destruction Edition

by Brad Warbiany

The FCC is looking to relax some of their rules regarding media cross-ownership, in order to give fishwrap media a chance at survival. To do so, they need to be lean and efficient. One way to do so is to share their reporting staff with television news, to ensure the job is not needlessly duplicated. Yet a FCC Commissioner doesn’t agree:

“In this era of consolidation in so many industries, isn’t cutting jobs about the first thing a merged entity almost always does so it can show Wall Street it is really serious about cutting costs and polishing up the next quarterly report?” said Commissioner Michael J. Copps, who voted against the plan. “These job losses are the result of consolidation. And more consolidation will mean more lost jobs.”

Perhaps he’d prefer to hire on these journalists to dig holes, and then fill them up? After all, it doesn’t matter if someone’s job is useful, just so long as they have one!


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