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Dick? Or Slick Willie?

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September 23, 2008 – Comments (4)

"We certainly understand a lot of the questions up there," White House spokesman Tony Fratto said. "What the vice president and others will emphasize is that this is absolutely necessary to do right now. In no way should it signal any abandonment" of the free market system.

The message from Cheney, White House chief of staff Josh Bolten and other administration officials is "we had a very unique problem in our economy -- and this is the best way to deal with it."

Biggest socialization of corporate losses in history, yet this is a "free market system?"

Depends on what the meaning of is is, I guess.

4 Comments – Post Your Own

#1) On September 23, 2008 at 1:57 PM, devoish (97.27) wrote:

In other words," After you bail us out we expect to go right back to gouging you."

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#2) On September 23, 2008 at 2:24 PM, oldfashionedway (36.08) wrote:

Devoish-  Excellent translation of "government-ese" double-speak!

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#3) On September 23, 2008 at 2:30 PM, QualityPicks (27.78) wrote:

Check this out:

I love this line by SEC Chairman Christopher Cox, which was reported by the Associated Press (AP): “The commission is committed to using every weapon in its arsenal to combat market manipulation that threatens investors and capital markets." This statement was in response to the short sale ban. Don’t you like how he says they are committed to using every weapon to combat against market manipulation that threatens investors and capital markets? How are they going to do that? By manipulating the markets, of course. I’m not sure how they classify short selling as market manipulation, but apparently being smart and trying to make money off this financial disaster we call an economy isn’t allowed anymore.

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#4) On September 24, 2008 at 12:20 AM, TheGarcipian (36.50) wrote:

No, no, no. You guys have got it all wrong!  The Feds are trying to help you. Just shut up, drink your Kool-Aid, and read how those dividend checks are gonna start rolling in... better get your address to them quick!

Cheers,
--Gar

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