Showing posts with label "capitalism". Show all posts
Showing posts with label "capitalism". Show all posts

Thursday, March 19, 2009

Friday, November 14, 2008

thanks for the link go to LoC reader Ken L.

Frank Rich slams the bailout:

Republicans from George W. Bush to John Boehner want to grant immortality to Washington Mutual, Wachovia and AIG. They have decided to follow an earlier $25 billion loan with a $50 billion bailout, which would inevitably be followed by more billions later, because if these companies are not permitted to go bankrupt now, they never will be.

Oh wait...that was David Brooks, talking about what Democrats from Barack Obama to Nancy Pelosi want, with regard to General Motors, Chrysler, and Ford. But by all means, if it helps you get your outrage on, imagine that it were Republicans and banks...