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To finance deficits, the government must sell bonds to investors, competing for capital that could otherwise be used to invest in stocks or corporate bonds. Government borrowings raise long-term interest rates, stifling economic growth.

Editors of conservative magazines aren't out trying to raise money. The money is there; the cash reserves are in the bank.

One thing I detest most about the financial press is the lack of accountability. All sorts of nonsense is said without penalty.

One of the unsung freedoms that go with a free press is the freedom not to read it.

If the U.S. Government was a company, the deficit would be $5 trillion because they would have to account by general accepted accounting principles. But actually they encourage government spending, reckless government spending, because the government can issue Treasury bills at extremely low interest rates.

We all understand that freedom isn't free. What Romney and Ryan don't understand is that neither is opportunity. We have to invest in it.

FreedomWorks, which is funded primarily by very rich people, solicits donations from non-rich conservative people. More than 80,000 people donated money to FreedomWorks in 2012, and it seems likely that only a small minority of those people were hedge fund millionaires.

Some taxpayers may object to a print journalism bailout on the grounds that it mostly benefits the liberal elite. And we can't blame taxpayers for being reluctant to subsidize the reportorial careers of J-school twerps who should have joined the Peace Corps and gone to Africa to 'speak truth to power' to Robert Mugabe.

Essentially, when we run a deficit, we are borrowing money to buy things that are made overseas.

The press is still investing itself, it seems to me, in a sort of cynicism. It comes out better for them if they can predict hard times, bogging down, sniping, attrition.