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Originally Posted by Cynthetiq
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From the above article:
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“The free market for all intents and purposes is dead in America,” Mr. Bunning declared on Friday. “The action proposed today by the Treasury Department will take away the free market and institute socialism in America.
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I don't think he is totally accurate. The free market will still work for the not so wealthy who will still be allowed to fail. This type of socialism will mainly bail out the politically connected wealthy. Washington doesn't want to send the wrong signal and reward the little guy who makes bad decisions.