A Crisis is A Terrible Thing to Waste, Says…
“A crisis is a terrible thing to waste.” Says the man who once quoted philosopher, Ralph Waldo Emerson, during his resignation speech:
“Our greatest glory consists not in never falling, but in rising every time we fall.”
Eliot Spitzer is back- as a concerned citizen with insight on governmental affairs. And how does one like Mr. Spitzer, with such a looming past of foul decision-making get heard?
By using the power of the pen, and getting published by Slate.com. Definitely sets him apart from all the experts and publi figures spewing babble that favor a large bailout.
Eliot Spitzer returns. Photo by Getty Images.
His voice still resonates that of a former leader thinking of his citizens. It’s straightforward and talks of pro-competition, a true American.
Spitzer proposes a “better” plan for the auto bailout crisis. He’s weary of the government stepping in and leaving its imprint in the automobile industry, with the help of taxpayers’ money.
Instead, he offers the free market approach, where the two of the “Big Three” would battle out the $25 billion and make all sorts of reports and bids as to why they think they should be saved. Because it’s just not fiscally possible to keep all three around, so he says. So, the loser of the Three, would lose greatly, with consequences like massive layoffs, among other things.
Is this idea like communism- just good in theory?
Besides that, who else is surprised to find his byline in Slate? He wrote another article a few weeks ago, also dissuading bailout plans. Well, it definitely attracted a lot of readers…and comments.