A) The US has never had truly Free Markets.
B) A Free Market, in order to operate, requires responsible buyers and sellers. If the participants in a Free Market are not responsible, the system will fail.’
C) American companies and consumers have not only been irresponsible… they’ve been downright idiotic when it comes to running business and buying stuff. Capitalism is based on Capital. Our economy is based on Credit. Capitalism is about competition for customers… with the better products winning out. Our economy is based on who can show the most flashy commercial, doesn’t really matter if their product falls apart soon afterward.
In short, this is not the DEATH OF THE FREE MARKET because it doesn’t exist anymore.
Point your rage at the “capitalists” and the “consumers” for acting like spoiled lazy children, not at the fools in Washington who are, yet again, being told to FIX something that we broke. Otherwise, this will just continue.
However, if its easier to point at the Dems or GOP as the boogyman, so you don’t have to look in the mirror… well, thats fine.
But, I’d bet Obama didn’t force anyone to sign a mortgage they couldn’t pay for. I bet Biden didn’t tell Ford to make sure and build huge SUV’s that get bad gas mileage. I’d even bet that Pelosi didn’t say to the corporations, “How about you run your business into the ground and when we give you some money to help… spend it on Bonuses for yourselves.
But, blame them. I’m sure they don’t mind.
