MLM Directory - If the US economy functions best as an unencumbered free market, why does it need a federal rescue plan?

If the US economy functions best as an unencumbered free market, why does it need a federal rescue plan?

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Because it doesn't actually work best as an unencumbered free market.
Its going to poof up in BUSH,S face!!!!The dollar is dead and only very hurtful cuts to its value will keep AMERICA afloat as we are in big recession thanks to his leadership skills & the loyal republican sheepies!!!
Fair Market Value is only applicable upon services and goods that are offered in series/quantities. Simply, because FMV is based on comparison with identical or similar past, actual or expected service and goods. Briefly, Fair Market Value is an idealistic and unrealistic idea and depends only upon acceptance
Because it probably only does that theoretically.
It is not unencumbered. There are many regulations put in place to keep the free market under control. Therefore, I don't understand your question. =============== Life is so simple, but we insist on making it complicated Confucius 551 - 479 BC =============== Peace Jim my web site: http://www.ChinaBlix.com .
It is no longer desirable to have free markets. The idea that government can "fix" corrections in the economy with artificial low interest rates and increased deficit spending just creates a larger problem in the long run. We are starting to see that in our economy. Inflation, unemployment and the decrease in the value of the dollar will become more pronounced.
It doesn't. When government makes stupid policy decisions, like creating cheap money and essentially forcing lenders to lend to deadbeats or face the boogeyman charge of "redlining", the last thing the market needs is another government "fix" to fix the problems it created. The invisible hand of the market always has a fix, but it responds to signals from idiot politicians and bureaucrats. All of these stupid government "fixes" will just delay and prolong the economic pain.
Because that's the big lie, since we've had deregulation we've gone from financial scandal to financial scandal, starting with the Savings and Loan disaster, which cost hundreds of billions to the dot.com meltdown to the Enron and Worldcom and etc. mess and now the mortgage disaster, which has a lot of fraud involved in it, and the middle class gets it over the head every time, only this time I don't know if we have anything left to come back with, the middle class is against the ropes ( which I believe has been the goal all along by the powers that be! ), and with outsourcing and everything else employers are doing to not pay a descent wage and people making no effort to by American made products we may very well be down for the count this time
It functions well just as long as a person is not losing. Then they all ask for support whether they be rich or poor. Just look at all the silly hypocritical capitalists singing the praises of capitalism and how everyone should not ask for assistance from the government. But as soon as their business fails they then turn to the government hoping for rescue.
That's a Republican for you. Doublespeak all the way. At least a democrat will be honest and say we need the government for some things.