Free Market Economy At WorkA few months ago, the Federal Reserve bailed out Bear Stearns.
Now the federal government is taking over Fannie Mae and Freddie Mac.
And some liberals still don't concede that only a free market economy works for America!
Of course, sophisticated fiscal conservatives realize that the free market approach doesn't apply when billions of dollars are at stake!
When it comes to big investment banks and to mortgage market-makers, socialism is the way to go!
posted on 9/08/2008