Thursday, April 22, 2010

Excuse Me for Asking, But...

President Obama in his speech today in NYC, said:
As I said two years ago on this stage, I believe in the power of the free market. I believe in a strong financial sector that helps people to raise capital and get loans and invest their savings. But a free market was never meant to be a free license to take whatever you can get, however you can get it.
Wasn't it President Obama, who followed the lead of George Bush, and gave billions to Wall Street?

Yeah, some of Wall Street took, but were only able to do so because Obama allowed it to happen.

If Obama really believed in free markets, he would have allowed Goldman Sachs and all the other crony operators on Wall Street to go bankrupt, and Lloyd Blankfein would have found a job that would have suited his ability to drive around with the meter down, i.e. as a taxi driver.

The full text of the President's speech is in the EPJ Vault, here.

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