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View Diary: Our Money to AIG bailed out Wall Street - now they want less oversight (8 comments)

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  •  Free market fundamentalists (1+ / 0-)
    Recommended by:
    bobdevo

    They think that deregulation and laissez-faire capitalism is the font of all good in the world and can never be wrong ever.

    Oops.

    Are you ready to unleash the fury of CAPS LOCK!?

    by giyoret on Wed Feb 11, 2009 at 10:25:47 AM PST

    [ Parent ]

    •  The problem with them is they do not (1+ / 0-)
      Recommended by:
      giyoret

      recognize the impact of credit on the free market process.  

      You can be profitable at low interest rates and unprofitable at high interest rates.  This effect is lost on free market people.  

      I am repeating myself, and thats ok.

      by mickslam on Wed Feb 11, 2009 at 02:01:50 PM PST

      [ Parent ]

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