November 12, 2008 5:12PM

Cato Today

By Cato Editors

Op-Ed: "There's Nothing Wrong with a 'Big Two,'" by Daniel J. Ikenson in the New York Daily News

The "Big Three" auto producers - Ford, Daimler-Chrysler and General Motors - want the public to believe their industry faces an existential threat. It doesn't. They want the public to believe they are innocent victims of circumstances beyond their control. They're not. They want the treasury secretary to authorize a fresh $25 billion bailout for the industry and the President-elect to pledge support for their parochial cause...

...The auto industry doesn't need a bailout. It needs a shakeout.

Article: "We Blew It," by P.J. O'Rourke in The Weekly Standard

None of this is the fault of the left. After the events of the 20th century--national socialism, international socialism, inter-species socialism from Earth First--anyone who is still on the left is obviously insane and not responsible for his or her actions....The financial crisis that is hoisting us on our own petard is only the latest (if the last) of the petard hoistings that have issued from the hindquarters of our movement. We've had nearly three decades to educate the electorate about freedom, responsibility, and the evils of collectivism, and we responded by creating a big-city-public-school-system of a learning environment.

Op-Ed: "A Repudiation, But of What?" by Michael D. Tanner in the Fort Worth Star Telegram

To suggest that in electing Barack Obama and a Democratic congressional majority, voters were choosing big government and liberalism over small government and conservatism would imply that either the Bush administration, the current Republican congressional leadership, or, for that matter, John McCain, actually supported smaller government.

But even before the Wall Street bailout, President Bush spent money in a way that would make any liberal proud.

Podcast: "What's Good for GM?" featuring Daniel J. Ikenson