Tuesday, January 13, 2009

Financial Crisis Link Roundup

Bush says sacrificed free-market principles to save economy. Umm. You didn't have any in the first place, George.

John Stossel: The Next Crisis

"Barack Obama says, '[Today's economic problems are] a stark reminder of the failures of ... an economic philosophy that sees any regulation at all as unwise and unnecessary.'

What? Does that mean that until last week the Bush administration embraced the free market? Nonsense.
BB&T chief blames crisis on government
“I think George Bush has been one of the worst presidents in history, but this is not his fault,”
ARI: Stop Blaming Capitalism for Government Failures
"...whatever one wishes to call the unruly mixture of freedom and government controls that made up our economic and political system during the last three decades, one cannot call it capitalism."
Repeal the Bailout
"...once started, the bailouts were not going to stop.
Consequently (and unfortunately), we expect this domain and website to be policy relevant for years to come. So with all due respect to those who may have thought us naive, we would like to gently suggest that it was more naive to believe that the government was going to close the the "Pandora's Box" of bailout policy once they had opened it."

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