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Flame » in reply to Anyone still think unregulated capitalism is a viable financial system?

"U.S. bailout is bitter pill for free marketeers"

"It's a bitter pill for all those to claim that unfettered free markets were the best, that we don't need regulation," said Dan Seiver, finance professor at San Diego State University. "But perhaps this idea that unfettered capitalism is the way to go has finally been put to rest."

We can only guarantee the bankers profits at the expense of the taxpayer, "privatize profits and socialize losses", for so long.

Now there are people who love this system. They'd like to call themselves "capitalists", are in reality parasites.

I'm afraid there is no more money left to feed the bastards. The Fed can only print so much, the taxpayer bear so much. GWB has killed capitalism.

Arf

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