What the Bear Stearns Bailout Has Wrought - The American Spectator | USA News and Politics
What the Bear Stearns Bailout Has Wrought
by

It’s just one Financial Times piece (registration required) but the Fed’s bailout of Bear Stearns was a shot in the arm to those who want to reverse the market liberalization of the 1980s and ’90s. The “dream of global capitalism has died”, they say, and in its place will be a new era of re-regulation, government gaming of markets, and crony faux-capitalism. Bah.

Sign Up to Receive Our Latest Updates! Register
-->

Be a Free Market Loving Patriot. Subscribe Today!