Bush defends capitalism - 14 Nov 08

On the eve of a summit discussing the current financial crisis, George Bush, the US president, said that America's free market system is not to blame for the global economic meltdown.

In a speech aimed at world leaders heading to Washington on Friday, Bush defended US capitalism as the best way to achieve growth.

John Terrett reports.

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News & Politics

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• Economy
• Finance
• Capitalism
• Money
• Growth
• Bush
• USA

[Warnomore50]

Oh fucking please. You have the fucking internet and can find the truth. The US put him in power (Saddam was recruited by the Cia in Egypt in 1957) and kept him in power through the worst of his atrocities. Where do you think he got the chemical weapons and the go ahead to use them on the Kurds from? The Kurds were also a problem to another ally of ours, Turkey. We used him to fight the Iranians on our behalf and dumped him when he was no longer useful. Learn some history.

[ant10011001]

its just a matter of time untill just the upper clases are able to buy and sell property. The lower clases will be owned like assets to be bartered and sacrificed in the name of profits.

[ABUDHABICOMBATCLUBOA]

@Warnomore50 i love you

[Firgasz]

@shaydemoon

germany? It works? These "socialists" spend most of the countries money to pay the "benefits" for immigrants (mostly muslim, which cost us a half billion per year). But hey, its "socialism" spend money you don´t have and give it to people who deserve it. These "green-red-black" socialists that are running my country are on their way to ruin this country. Down with those socialist bastards , let them burn in hell!

Socialism isn´t limited to the economic level, don´t you?

[shaydemoon]

@sugarpuddin88 Socialism? This country is the very darkside of capitalism, call it corporate favortism capitalism if you like. Socialism would be more like Sweden and Germany, look at their system, it works. I lived there for some years, it frees up other domestic problems and allows growth in other areas like technology and cultural advancement. What cultural advancement is happening here in the U.S? Lady Gaga wearing meat dress's and shitty reality shows.

[TheGanjaClub]

And why people who want to buy cannabis MUST intercourse with a mafia, thereby putting themselves at risk and are wary of police persecution? Is it not better if they ACQUIRE Cannabis special place by the State. Where are DIRTY MONEY? Why ordinary people can not engaged in this business, plant seeds, watered, grow, harvest, delivered to the state and thereby earn a living CLEAN MONEY.

[TYX91101]

What you get when a draft-dodging flunky ascends to the presidency.

[bonfirejovi]

@dvzon "RALLY NOW AGAINST CAPITALISM!"

I think that was tried before and 100 million people died. Oh and before anyone says that wasnt "real" communism. Marx wrote very little about communism, he mainly just ranted about how crap capitalism was. Lenin and Stalin just filled in the blanks. You think you could do better?

[bonfirejovi]

@amazingyou1uber True however he gave an excuse for it to happen more. Bigger government = bigger subsidies for corporations. Remember, "corporate welfare" is still welfare.