Tuesday, October 14, 2008
How's that crow tastin?
Why is it that when times get really bad it's ALWAYS a democratic plan that manages to set us right again. And despite that glaring fact, the republicans never concede that their economic philosophy just plain doesn't work for the common good. Now, with their backs to the wall and ten seconds left in the game, Bush and co. decide to let the government take partial ownership of the major American banks, not to take over the free market, mind you, but to preserve it. You can wrap it in whatever dubious language that makes you the most comfortable, Mr. Bush. The fact of the matter is that when it comes down to brass tacks, the "free market" isn't fit to regulate a lemonade stand. All props and respect to FDR. The above photo, by the way, is of the first Roosevelt bank opened in March 1933.