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Bush says sacrificed free-market principles to save economy
Breitbart ^ | December 16, 2008 | Breitbart Staff

Posted on 12/16/2008 3:08:12 PM PST by Star Traveler

US President George W. Bush said in an interview Tuesday he was forced to sacrifice free market principles to save the economy from "collapse."

"I've abandoned free-market principles to save the free-market system," Bush told CNN television, saying he had made the decision "to make sure the economy doesn't collapse."

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Culture/Society; Government
KEYWORDS: bailout; bush; depression; fabian; freemarket; gwbbailout
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To: evangmlw

Really? Well you’re going to stay disappointed aren’t you? Because we have a real socialist coming in, and you won’t be able to blame Pres. Bush anymore, will you?


161 posted on 12/16/2008 10:06:20 PM PST by dsutah
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To: Opinionated Blowhard; Star Traveler
Bush's weakness was nothing but capitulation to the liar Paulson and Drat cronies with their Great Depression rhetoric. This was a Coup d’ta and nothing less. The GD is coming and the real result of this is pure socialistic fascism. Their knee-jerk reaction—from the beginning of the administration forward—has been to spend like there's no tomorrow.
162 posted on 12/17/2008 3:12:52 AM PST by iopscusa (El Vaquero. (SC Lowcountry Cowboy))
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To: Star Traveler; Miss Marple

"I've abandoned free-market principles to save the free-market system," Bush told CNN television, saying he had made the decision "to make sure the economy doesn't collapse."

Ease up people. He had to "Burn the Village In Order to Save It."


163 posted on 12/17/2008 3:25:17 AM PST by SkyPilot
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To: raybbr
Has someone seen my keys to this?


164 posted on 12/17/2008 3:27:08 AM PST by SkyPilot
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To: Star Traveler
No, I think Bush and Cheney are right. We’re headed for a Great Depression and extreme measures are called for... that’s just the way I think it is. After things have recovered, then I’m sure we can head back to normal territory...

The policies of FDR excaberated the Great Depression, they didn't alleviate them.

Same Old New Deal?

Moreover, Obama's offering to build roads and dig ditches in all 50 states in the bid to create "jobs" is a joke. How many insurance adjusters, car salesmen, retail managers, and real estate agents are going to sign up to build roads (or even know how?)

This isn't the 1930's, where the majority of Americans were blue collar.

It may created some jobs..............for Illegal Aliens from Mexico that will start pouring over the border again. That is probably Obama's intent after all.

165 posted on 12/17/2008 3:38:49 AM PST by SkyPilot
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To: Star Traveler

Hand out more money the government does not have. Have our leaders gone stupid?


166 posted on 12/17/2008 3:40:58 AM PST by bmwcyle (McCain had no honor when he failed to defend Sarah Palin, Leno was not enough)
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To: berdie
I don’t watch CNN. So did Pres Bush actually say this, and in what context if he did?

"I've abandoned free-market principles to save the free-market system," Bush told CNN television, saying he had made the decision "to make sure the economy doesn't collapse. I am sorry we're having to do it."

I'd say he said it.

167 posted on 12/17/2008 3:41:11 AM PST by SkyPilot
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To: bmwcyle
Hand out more money the government does not have. Have our leaders gone stupid?

Bernard Madoff for Treasury Secretary.

The US Treasury is the next "Ponzi Scheme" to be exposed.

168 posted on 12/17/2008 3:43:25 AM PST by SkyPilot
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To: all the best
I think this is blatantly shortsighted & selfish attempt to protect his legacy.

Ditto: "Here's another pair of shoes at ya!" lol

I wish Bush would spend his remaining days in Office trying to pass some common sense Shoe Control legislation.

169 posted on 12/17/2008 4:21:37 AM PST by babbabooey
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To: Star Traveler

“Oh no..., I hope that doesn’t mean that Sharia law is next...”

No, I don’t think he Bush will go that far. If he had another few years, probably.


170 posted on 12/17/2008 4:43:58 AM PST by all the best
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To: Star Traveler
"I've abandoned free-market principles to save the free-market system,..."

In other words, he's going to wreck the economy to save it. Brilliant - embracing socialism to save a free market. It's never worked before so why try it again?

171 posted on 12/17/2008 4:48:12 AM PST by meyer (We are all John Galt)
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To: Star Traveler

Adolph Hitler did pretty much this same sh!t. did you agree with his national socialism?


172 posted on 12/17/2008 4:54:57 AM PST by antisocial (Texas SCV - Deo Vindice)
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To: LearsFool
But (again giving them the benefit of the doubt) are they really saving this country from ruin? Or are they merely postponing the ruin?

They are setting us up for greater ruin, slightly postponed.

173 posted on 12/17/2008 5:30:48 AM PST by oblomov (Every election is a sort of advance auction sale of stolen goods. - Mencken)
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To: LearsFool

>>So we have a hostile takeover to look forward to? Great.

It already happened, not all at once, but in stages.


174 posted on 12/17/2008 5:33:41 AM PST by oblomov (Every election is a sort of advance auction sale of stolen goods. - Mencken)
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To: Star Traveler
"I've abandoned free-market principles to save the free-market system," Bush told CNN television, saying he had made the decision "to make sure the economy doesn't collapse."

Sort of like "We had to destroy the village in order to save it."

Shameful, disgraceful and utterly, stupidly WRONG.

175 posted on 12/17/2008 5:40:00 AM PST by tarheelswamprat
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To: Star Traveler

Your analogy is mistaken. The market is simply the set of all human action, and isn’t a “patient” that learned doctors can “treat”. Politicians don’t create wealth (but can destroy it), and they do not run the economy, and although they can make a simulacrum of prosperity by printing more money, this temporary pseudo-prosperity will ultimately crumble.


176 posted on 12/17/2008 5:43:00 AM PST by oblomov (Every election is a sort of advance auction sale of stolen goods. - Mencken)
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To: SkyPilot

Only trouble is that fact is right under America’s nose.


177 posted on 12/17/2008 6:27:05 AM PST by bmwcyle (McCain had no honor when he failed to defend Sarah Palin, Leno was not enough)
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To: Star Traveler
"We're all Keynesians now"



And "In the long run we are all dead."


178 posted on 12/17/2008 6:58:09 AM PST by rollo tomasi (Working hard to pay for deadbeats and corrupt politicians.)
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To: rollo tomasi

About your graphic, all I know is the word starts with an f....


179 posted on 12/17/2008 6:59:18 AM PST by NeoCaveman (magnae clunes mihi placent, nec possum de hac re mentiri.)
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To: oblomov

You said — “Your analogy is mistaken.”

Analogies are simply word-tools, to give someone else a “view” and a perspective on the other person’s “look” at a situation. And also, analogies don’t “form reality” — they “speak to it” (that is, “what it is”).

In that light, an analogy, in the form that it is meant, is not *basically* wrong or right — because it simply allows someone to see what that other viewpoint is. You’re barking up the wrong tree to say that the “analogy” is wrong — when the analogy shows, very well, where Bush and Cheney are coming from. In that sense, the analogy does its job very effectively.

In other words, you might say and argue that Bush and Cheney are wrong in what they are doing, but *that* would not mean that the “analogy” of what they are doing is wrong. The analogy would be *perfect* (as an explanation of the viewpoint) — it’s the “underlying basis* that you’re saying you don’t agree with (i.e., more like something from a “computer model” of the economy, for example...)

You said — The market is simply the set of all human action, and isn’t a “patient” that learned doctors can “treat”.

As I said, an analogy is for the purpose of understanding what the “viewpoint” is of the speaker (which, in this case, comes from Bush and Cheney and what they’re saying). Analogies don’t “work backwards”, in other words, you don’t work *from* an analogy and then “form the basis for facts on the ground” from that analogy... LOL...

You’re trying to say that the analogy isn’t any good, because it’s not a good “model” that one can work from and accurately predict behavior or circumstances “from such analogy”. Well..., it’s not meant to “work backwards” and form fact and be a “model”.

AND..., Bush and Cheney have all their own financial guys with all their “real models” (on computer, most likely and according to their studies) to do that — and you can bet that they are not forming “policy” from “analogies”... LOL...

And furthermore, all analogies are only useful “on the surface” (precisely because they are not “models” for predictions, and even “models” are deficient, somewhat, in that area). In other words, analogies work on a “surface level” but not on a “micro-level”. All analogies break down, when one drills down to deeper levels. But, that’s not a defect of analogies, because they are not meant for that purpose. That’s simply not the kind of “word-tool” that an analogy is.

So, once again, they are “word-tools” in order to have an understanding of the perspective of the speaker of that analogy — and in that light, it does give you the perspective of the viewpoint of Bush and Cheney.


180 posted on 12/17/2008 9:06:33 AM PST by Star Traveler
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