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A comment on Why can't we get rid of taxi medallions? (2012). Parent comment

Re:Why can't we get rid of taxi medallions? (2012) by merpnderp on Tuesday October 06, 2015 @10:27AM (#10339092)
Why should taxpayers bail them out? They bought into a monopoly and that's like paying the teacher a bribe so you can take other kids' lunch money. This is a perfect example of corporatism, and should not be rewarded with a soft landing when it fails.
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Re:Why can't we get rid of taxi medallions? (2012) by johnward on Tuesday October 06, 2015 @10:34AM (#10339125)
We don't have too. We could just say "you must have a medallion to operate a cab". They secondary market drove up the prices so I guess it doesn't make sense to have the gov reimburse them. If there was no secondary market then it might.
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