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Parkersburg, WV, United States

Monday, November 1, 2010

What Free Market

Here is an excerpt from a really great article from http://www.frumforum.com/the-middle-class-hits-a-dead-end

It highlights I think all of our concerns about the economy and the truly unfair TARP and the policy's that got us here, check it out.

One of the great undercurrents of contemporary politics is the growing sense of economic frustration or even despair among a broad swath of the American public.

But then, when a hedge fund or banking group risks faltering, the mantra from the same talking heads that ridiculed the economic difficulties of other workers suddenly changes. No longer can the free market have winners and (sometimes massive) losers. Now, it’s a CRISIS. Not giving bailed-out money
The point here is not to dispute the value or even the necessity of the various bail-outs that took place in 2008: the point is that many Americans, who lack PhDs in economics and may not have a great interest in the details of high finance, notice a surprising difference in elite attitude when the financial fortunes of multi-millionaires and billionaires are at stake than when the middle class suffers