Let’s just put an end to all this and let the government assign prices to the stocks
Free markets no more. We entrusted the gov’t to oversee the system without directly intervening, except where the rules are broken. So they refuse to intervene and enforce the rules that are there to protect us, and the end result is a market OWNED by the gov’t.
It’s not hyperbolic to describe this as the end of capitalism. Hamilton and Jefferson, two natural enemies, would agree that this is not the nation they founded.
Without a free market, we are Argentina. If markets are not free to fail, then they are not free!
Why not? The Fed is a VC, a bank of last resort, and your parents all in one. This crap plays right into Obama's hands.