16 December 2008
Watching the Chips Fall-Praying Our Courage Won’t
Posted by Joy Bischoff under: Constitution in Peril; Rejecting Herd Mentality; World Economy .
Saying that he has abandoned free-market principles in order to save the free-market, President Bush shows a tremendous disconnect with reality. Nationalizing banks and companies and following principles espoused by Karl Marx is not saving the free-market. That is like changing your football team to a tennis team and excusing it by saying you did it to save your football team. The players may be the same, but the game has completely changed. Freedom cannot be saved in socialism.
Please do not fall for this twisted logic by telling yourself that they must know something we don’t simply because we are desperate to not have our boats rocked in these turbulent waters. Chips must fall, but we should not sell our political souls and the future freedoms of our children to soften the landing of those chips by turning to socialism. That is cowardice. Our ancestors paid a heavy price for freedom, are we unwilling to sacrifice and pay a price?
Bush says sacrificed free-market principles to save economy
US President George W. Bush said in an interview Tuesday he was forced to sacrifice free market principles to save the economy from “collapse.”
“I’ve abandoned free-market principles to save the free-market system,” Bush told CNN television, saying he had made the decision “to make sure the economy doesn’t collapse.”
Bush’s comments reflect an extraordinary departure from his longtime advocacy for an unfettered free market, as his administration has orchestrated unprecedented government intervention in the face of a dire financial crisis.
“I am sorry we’re having to do it,” Bush said.
But Bush said government action was necessary to ease the effects of the crisis, offering perhaps his most dire assessment yet of the country’s economy.
“I feel a sense of obligation to my successor to make sure there is not a, you know, a huge economic crisis. Look, we’re in a crisis now. I mean, this is — we’re in a huge recession, but I don’t want to make it even worse.”
http://www.breitbart.com/article.php?id=081216215816.8g97981o&show_article=1
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