Tuesday, March 18, 2008

THE FREE MARKET IN REPUBLICANLANDIA

The magic of the market at work in President Bush's world ...

... President Bush welcomed the Federal Reserve’s sweeping intervention in the financial markets ... [but] faced accusations Monday that it supported the bailout of a prestigious investment bank while doing little to address the hardships faced by Americans facing foreclosures on their homes.
But let's not be too hard on the president. I mean, you can't talk about rugged individualism and accountability if EVERYONE gets bailed out of a financial jam, right?


- Mark

P.S. Jim Cramer assured "Mad Money" viewers that Bear Stearns was doing "fine" one week ago. Check out his rather lame clarification.

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