billionaire media tycoon and mayor of san francisco. vp @foundersfund. ringleader @hereticon. editor-in-chief @ pirate wires 
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I have a strange mixture of super progressive and super libertarian followers. Curious what you all have been thinking about with respect to bankruptcy as a bailout solution.
right, it's weird this is being framed as socialist rather than libertarian, which is perhaps happening because socialists are cheering for it online? but that's just their impulse towards punitive nonsense. if you believe in the market, you're against these bailouts.
in 2008, i was very very "let it burn." today i'm a little more conflicted. i don't want to see the airlines go under, especially if it means they'll be replaced by international companies that are being propped up by *their* governments. still thinking it all over tbh.
I think I believe in the markets in normal circumstances, but I have no qualms about breaking ideology for crazy events like this. The relative efficiency of markets is a long term equilibrium argument. In the short term, too many innocent people are going to get fucked over.
it's just, if the government is responsible for industry in times of crisis, the government is responsible for industry. there's no such thing as a free lunch.
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