Summary
Based on the rhetoric coming from Capitol Hill Republicans on President Bush's bailout plan for the financial industry, it's easy to tell what they think about the free market.
"Until housing prices level out naturally - not artificially through government interference - our financial crisis will not reach a conclusion," Sen. John Kyl, Arizona Republican and former chairman of the Republican Policy Committee - the Senate's fiscally conservative wing - said September 18. On Sept. 22, Mr. Kyl said, "I think the chances are better than 50-50 that we'll get it done by the end of the week, and hopefully it won't be bogged down with too many extraneous and costly provisions" - it being the $700 billion "government interference" plan that the administration proposed on Sept. 21.See the full content of this document
Extract
Are We in Good Hands?
House Minority Leader John Boehner said on Sept. 20: "Our economy is facing unprecedented financial challenges that could imperil the bank accounts, r...
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