Markets that behave in ways that are suboptimal to the interests or perceived needs of a Market Fundamentalist are of course only at cross purposes because they have been interfered with. IE: they must be purified.
Just look at the convoluted logic that tries to link Fannie/Freddie to the cause of the MBS mess- You end up trying to blame organizations that never originated sub-prime loans, did not broker sub-prime loans and purchased about 20% of all outstanding sub-prime loans with the fall of the entire MBS market- not because the causal connection is there, but because it was the only entity in the entire equation that actually was regulated by government.
It gets stupid real fast, as do a lot of conversations with the once-impressive Tom Brosz.
Whats he down to? Media conspiracy and Bill Ayers?
'nuff said.
Yeti
Current Events » in reply to I guess the media is a business that TB thinks needs more regulation
Market Fundamentalism Explains again
The whole thread (46 posts)
- McCain campaign close to writing off Iowa, New Mexico, and Colorado - and hoping for a miracle in Pennsylvania
- Break out tthe butter and jam
- Great, kid.
- It's just as well.
- What the Republican Party really needs to do...
- "The party of Lincoln"
- Teddy Roosevelt?
- Precisely
- Kind of like Palin, huh?
- You obviously have not read about the Unilateral Family Travel Expense Reform she has enacted in AK.
- How many trips did Chelsea go on with Bill and Hill?
- Policy
- The pertinent question:
- The pertinent answer
- Astounding.
- Well if Palin were a REAL career woman.
- Awwww- its all a big conspiracy! You poor little oppressed conservatives! Its just not fair!
- Astounding.
- The pertinent answer
- How many trips did Chelsea go on with Bill and Hill?
- You obviously have not read about the Unilateral Family Travel Expense Reform she has enacted in AK.
- Kind of like Palin, huh?
- Precisely
- Teddy Roosevelt?
- "The party of Lincoln"
- All three branches?
- What the Republican Party really needs to do...
- Break out tthe butter and jam