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September 27, 2008
The get-government-out-of-business brigade, who saw themselves as the masters of the universe, now want strings-free handouts to get them through their hard times resulting from all their gambling and speculation. They continue to extol the virtues of free open markets whilst they run to Uncle Sam for protection
Reg Lynch
The chief executives who have amassed fortunes while driving the financial system into crisis and the US into even greater debt, whilst talking in terms of relaxing regulations, giving the banks more tax breaks and the free market sorting things out. Their orthodox economist friends continue to see the economy in general, and financial markets in particular, as effective, stable, and self-correcting mechanisms.
Sad, shameful times for the US really.
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