“Free” doesn’t always mean there’s no cost

From folkbum’s rambles and rants:

There will be a flurry of conservative hair-splitting and excuses, generic cialis illness but the disaster that is happening right now on Wall Street with the collapse of Lehman Brothers thanks to the subprime mess should among rational thinking people put a stake into the heart of the right wing notion of hands off when it comes to the market.

This shows a woeful misunderstanding of free markets and how conservatives feel about them.

A free market means that people are free to succeed AND free to fail.

Lehman Brothers made bad decisions and should fail as a result of them. It’s not government’s job to protect corporations from their own stupidity.

2 comments September 15th, 2008