George Will Channels Ronald Reagan on Free Markets

[Talionis11]

The biggest "Market Failure" was not letting the banks that failed... FAIL. The Federal Reserve could've and would've protected the personal and commercial assets, but the banks and INSURANCE companies that were artificially propped up are what is causing a slow recovery.

In a Market, actions and decisions have consequences. When you bail out the entities that made the poor decisions you undermine the fundementals of the market and pave the way for even more aggregous future silliness.

[mixmastermeeks]

@Talionis11 Yeah. I would like to know who this free market fundamentalist was that was in office. Certainly Bob Riech isn't talking about Bush. Banks might go under? no problem, we will bail you out. Car companies will go under? no problem we will bail you out. Businesses don't want to pay for retiree's drugs? No problem we will. Morgages too hard to get? No problem, will will pass regulations to help force banks to make bad loans and set interest rates at rock bottom.....

[limited1defined]

Market Fundamentalism? The economic collapse was concentrated in housing and banking, the most heavily regulated sectors of the economy. People like Robert Reich really want us to believe that that relationship is a coincidence and the collapse was the result of the free market with no contribution from government. What about Fannie and Freddie? The idea that george bush who increased federal spending in every department is a "market fundamentalist" is so astoundingly idiotic.

[ak47523]

@limited1defined Amen.....George Bush was the most liberal president of my lifetime so far. I was born in 1988. No Child, Patriot Act, DHS, Spending out the wahzoo....

[Hkepfer]

The market did not fail; there was criminal activity for which the regulators were asleep at the wheel.

To say the market failed is to say I want more intervention; government intervention and government regulation do not serve the same purpose.

Never let a crisis go to waste - politicians make government bigger.

While not in recession, we are not in jobs / employment growth. Where's the bull's eye?

[BigBruddah101]

George W. was a "market fundamentalist"? Yikes! I'd hate to see what he'd have to do in order to be considered a socialist.

There is no way on earth you can call a President who oversees easy credit policies pursued by the Fed, increases government spending through multiple military projects or unconstitutional Fed projects like No Child Left Behind, or forces massive and unnecessary costs on businesses like Sarbanes a "market fundamentalist." Bush was an interventionist, NOT a Republican

[437thx1138]

George Will, the calm reasoned voice of insanity. He's getting pretty good at adjusting facts lately too. An adult Neocon.

[valgehiir]

Will: 'geitner.. only 45 days ago we were told he is indispensable.. ha ha.. 45 days are gone now and he has STILL not fixed the world.. geitner stupid.. I told you so'

my 5 year old brother also uses arguments like this

[bobhardball]

It took the Bush Administration and its conservative/liberal allies in the Senate and House to create the current economic crisis. Now George will wants Tim Geithner to solve the problem within days. I do not like Geithner, but George Will should stop asking him to be superman. That is just pathetic!!!

[bobhardball]

It took the Bush Administration and its conservative/liberal allies in the Senate and House 8 years to create the current economic crisis. Now George will wants Tim Geithner to solve the problem within days. I do not like Geithner, but George Will should stop asking him to be superman. That is just pathetic!!!

[valgehiir]

poor George, it is so very difficult trying to look smart while talking about what you know nothing about. And George is no amateur

[jpbalkenende]

George Will is an intellectual vacuum with a gentle voice. He really has nothing to add to the debate.

[FilipeBrasAlmeida]

Nothing to all. Particularly when faced with a giant such as Reich. Reich began foretelling the crisis would come even before Will started saying it wouldn't.

[darktoadthesticky]

Lol,"...just wait till the government gets a hold of it..."

There you heard it friends, if the government regulates Wallstreet, the world will end. Can't have any rules about how CEO's steal money from their companies.

[leesagrrl]

darktoadthesticky:

Yeppers! Will is just a Party Hack Shill Dipshit. Nothing but Talking Point rhetoric and Fear Mongering. And Nothing of any salient relevance.

[varange2]

Paul Krugman is as foolish as ever

[47f0]

Almost as foolish as bitching about Paul Krugman - on a video which has no Paul Krugman.

[ndvuncle]

These people always guess at how Wall St will react to a certain situation, but always seem to know how Main St feels. These guys who've never worked a day in their lives know how I feel, but have to guess how Wall St feels.

Eat shit and die George Wills. You don't know your ass from a hole in the ground.

That's how Main St feels, Mthrfckr!!!

Pardon my fucking French.

[bbbbmer]

do you ever think that george will is just going to fossilize in place??? what a monolithically stultified pretentious moron!

[wervasdeferens]

I just watched a related videocafe vid about Will saying "Americans are better off than in 2000".

If George Will is regarded as one of the intellectuals on the right, what does that say about the right? He is consistently proven wrong.

Thanks to sites like YouTube and people like Heathr and videocafeblog, the light is being shed on the charlatans.

Keep up the good work.

[MrMrmike5]

@wervasdeferens How dare you even mention George Will's name.