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Monday, September 15, 2008

This just in from Limbaugh:

Regarding today's market meltdown (and the problems with AIG, Merrill, Lehman, Washington Mutual, et al):
"The free market is not responsible for this. Capitalism is not responsible for this."


7 comments

So what does Limbaugh think is responsible?

When someone like Limbaugh says "free market", they basically mean Mom, the flag, and apple pie, I guess.

By Anonymous alex, at 9/15/2008 10:37 AM  

He's just getting the drum beat going. Repeat a lie often enough and everyone believes it. Eventually, this will become gospel. Whether it makes sense or not.

By Anonymous Rockie the Dog, at 9/15/2008 12:15 PM  

Snowball!

By Anonymous Anonymous, at 9/15/2008 6:41 PM  

Just maybe the fault lies with the first MBA President.

By Blogger Shag from Brookline, at 9/15/2008 7:17 PM  

While I watched the bubble build I always felt Greenspan kept the interest rate way too low to provide a false stimulus while useing offshore production and computer efficiency to keep inflation down.

Might have worked ifn's they had not been so damn greedy.

By Anonymous Anonymous, at 9/15/2008 11:45 PM  

Apparently he's never taken an economics class and doesn't understand either what capitalism or a free market is.

By Blogger J.Goodwin, at 9/16/2008 7:49 AM  

Rush is a college dropout, so for his audience, that's a feature, not a bug.

By Anonymous The Dark Avenger, at 9/16/2008 4:52 PM  

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