19 Sep 2008

Free Market Experts Explain Why Free Market Doesn’t Work

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Incidentally, the other thing that bothered me about CNBC today–btw I don’t own a TV, I saw all this while in Penn State–was that the timid, female commentators were honestly asking things like, “But why was this necessary? Why should taxpayers have to pick up the tab?”

Then the swaggering tough guys–with really cool silk ties that make me jealous–explained why it had to be this way. Even Stephen Moore–*sigh*–came on to the introduction of, “Now Steve, I’m as big a fan of the free market as you, but that doesn’t mean the freedom to totally collapse” or some glib excuse for repudiating their entire worldviews.

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