Comments on: Bush: sometimes to save a free market requires doing the opposite http://blogs.reuters.com/frontrow/2008/12/01/bush-admits-saving-free-market-requires-non-free-market-action/ Tracking U.S. politics Mon, 09 Nov 2009 10:24:04 +0000 http://wordpress.org/?v=2.6.2 By: DKJack http://blogs.reuters.com/frontrow/2008/12/01/bush-admits-saving-free-market-requires-non-free-market-action/#comment-386252 DKJack Wed, 03 Dec 2008 02:47:42 +0000 http://blogs.reuters.com/frontrow/?p=14065#comment-386252 Well put Rich. Keynesian economics and monetarism have been proven time and time and time again to be flawed. So why are they following those theories? Easier to get elected by acting like you are gonna fix things as opposed to the Austrian economics of allowing unproductive companies to fail. People are afraid of change, so tell 'em you will maintain the status quo, even though it will in the end be your nations demise. Economies are like frogs, you can make 'em jump, but you can't make 'em fly. Well put Rich. Keynesian economics and monetarism have been proven time and time and time again to be flawed. So why are they following those theories? Easier to get elected by acting like you are gonna fix things as opposed to the Austrian economics of allowing unproductive companies to fail. People are afraid of change, so tell ‘em you will maintain the status quo, even though it will in the end be your nations demise. Economies are like frogs, you can make ‘em jump, but you can’t make ‘em fly.

]]> By: Rich http://blogs.reuters.com/frontrow/2008/12/01/bush-admits-saving-free-market-requires-non-free-market-action/#comment-386234 Rich Tue, 02 Dec 2008 16:37:43 +0000 http://blogs.reuters.com/frontrow/?p=14065#comment-386234 Wow, the Socialist in Chief puts out two bald faced lies (that he supports free markets, and that he thinks), and nobody calls him on it. Free markets are not composed of subsidezed corporations, fiat money, artificial interest rates, heavy regulations, and politicians who belive size precludes failure. Free markets are composed of companies which are allowed to profit when they produce, and allowed to fail when they do not. Free markets are funded with natural (commodity based) money, not with artificial (paper based) money. Free markets allow creative destruction: the destruction of badly invested resources to allow these resource to be re-used well. Free markets don't reward failure. Free markets don't punish success. Free markets are likely to have high quality education, which would have make the election of this moron impossible. Wow, the Socialist in Chief puts out two bald faced lies (that he supports free markets, and that he thinks), and nobody calls him on it.

Free markets are not composed of subsidezed corporations, fiat money, artificial interest rates, heavy regulations, and politicians who belive size precludes failure.

Free markets are composed of companies which are allowed to profit when they produce, and allowed to fail when they do not.

Free markets are funded with natural (commodity based) money, not with artificial (paper based) money.

Free markets allow creative destruction: the destruction of badly invested resources to allow these resource to be re-used well.

Free markets don’t reward failure.

Free markets don’t punish success.

Free markets are likely to have high quality education, which would have make the election of this moron impossible.

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