The Associated Press article on the front page of the Bristol paper today and Greenspan’s congressional testimony both say that the post that started this thread is dead wrong. When are you people going to quit grabbing at straws? Free market strategies do not work. Free markets do not exist. The idea of free markets sounds good, especially here in America. Everyone should be free to operate their business as they see fit. Sounds great but it does not work. Guess what, Greed trumps all. As soon as the free market advocates get the upper hand they start manipulating supply to artificially inflate profits. Bye bye free market.
The free market advocates caused this financial crisis.
So very wrong.
I am not going to post a 15 paragraph paper, let’s condense it into this:
http://www.youtube.com/watch?v=1RZVw3no2A4&feature=iv&annotation_id=event_597487
Bill Clinton Agrees That Democrats Caused Financial Crisis
http://www.youtube.com/watch?v=XsynspIqAoE
Democrats were WARNED of Financial crisis and did NOTHING