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My personal musings about anything that gets on my radar screen--heavily dominated by politics.

2008-11-14

Too. Much. Irony. 

Can't . Get. Thoughts. Straight.


President George W. Bush fervently defended U.S.-style free enterprise Thursday as the cure for the world's financial chaos, not the cause. He warned foreign leaders ahead of a weekend summit not to crush global growth with restrictive new rules.

"We must recognize that government intervention is not a cure-all,"

And then . . .

In a stunning turnabout, the Bush administration Wednesday abandoned the original centerpiece of its $700 billion effort to rescue the financial system and said it will not use the money to purchase troubled bank assets.


Maybe, just maybe, if we were trying to convince the world of the soundness of capitalism and free markets, MAYBE WE SHOULD TRY IT!!!

Oh, and just WAIT until the Democrats get all the power to bail out thie union-heavy industries that are failing.
Posted by: Michael / 11/14/2008 12:27:00 AM

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