Friday, September 19, 2008

'Taxpayers Bail Out Banks'

Post is here.

So basically because the Bush Administration and Alan Greenspan enabled banks to be stupid at a time of cheap money, and allowed new "products" to run rampant without any adult supervision from regulators or the Fed, the American taxpayers now must pony up for it, and allow the banks to get off the hook.

But allowing government to intervene and substitute public policy choices for market-driven ones in health care and energy is bad?

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