desh ([personal profile] desh) wrote2008-09-17 12:33 pm

(no subject)

Man, I'm so glad the Republicans love the free market so much.

How long will it take for the idea that Republicans are about free markets and small government to die?

(At this moment, DJIA is down 3.13% for the day, 6.19% for the week, and halfway (from the perspective of the week's opening) to being below 10,000. But at least we're going to start more offshore drilling.)

[identity profile] atthe-algonquin.livejournal.com 2008-09-17 04:50 pm (UTC)(link)
Oh, Adam Smith. Oh, Adam Smith jokes.

http://www.nytimes.com/2008/09/17/business/17leonhardt.html is a pretty good look at why bailouts don't work.