Friday, March 14, 2008

Globalization for your...Federal Aid for us.

The champions of the 'free' market get bailed out again.. i guess open borders and free trade are good... Except when it applies to them, of course.

Federal aid for Bear Stearns questioned
http://www.businessweek.com/ap/financialnews/D8VDDSOO0.htm
The Federal Reserve's unprecedented intervention on behalf of Bear Stearns Cos. was intended to ease fallout from the credit crunch, but experts fear it augurs more government bailouts as the crisis worsens.

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