Cost of doing business
Friday, February 20th, 2009 By Mike MaurerWhenever free market solutions are proposed for a problem such as pollution, e.g., selling pollution emissions units on the market rather than imposing a command-and-control bureaucratic structure, it’s predictable that someone will say that this merely allows the rich to pollute. “Then pollution is just a cost of doing business!” they’ll say, as if there is some group called “the rich” who have a limitless reservoir of cash to throw down a well. (This is the logic that brings us the stimulus package, too.)
The Great Glenn Reynolds observes today that the liberal New York Times has had its hand slapped:
“BOGUS MCCAIN-AFFAIR STORY BACKFIRES: Vicki Iseman’s Lawyer Claims Victory In Big Lawsuit Against The New York Times.”
Reynolds is wrong. Obama’s president. This story was merely part of the package of thousands of stories that were driven to that purpose. It didn’t backfire; it achieved its purpose. Does the Times have to apologize? Does it have to pay some money? Apparently, but so what? That’s just a cost of doing business. We can only hope that *their* limitless supply of cash runs out sooner rather than later.


