Showing posts with label private sector. Show all posts
Showing posts with label private sector. Show all posts

Saturday, December 20, 2014

The "Power" of the Private Sector

The complete capitulation by theater owners and Sony to North Korea has left me somewhat puzzled. I thought that the private sector shit gold and any sort of government involvement inhibits from being all of the glory that they are entitled to be.

Yet here we have the president and the federal government once again riding to the rescue of sniveling buffoons just as we saw in 2008 when they collapsed the world economy. The first step will likely be some sort of counter cyber attack (which sounds really cool, btw) followed by some extra military exercises in the area. Yet I have to say that I'm very weary of North Korea and would like to see the president take a stronger stance with that stain of a country. They are a relic of a bygone time and, like Cuba, need to be brought into the 21st century and it's likely that it's going to have to be the hard way.

Obviously, this is a job for the federal government because it's quite clear that the private sector isn't up to it. I wonder what Ayn Rand's reaction would be...