Paul Krugman says "I'd blame Alan Greenspan and Phil Gramm"

China is thriving cause they figured out that free market capitalism has nothing to do with democracy.

No, he wants another economic stimulus plan. Why are you going to bailout banks that are healthy now? Do you know anything about current events, or is it that they don't get to the rock that you live under.

First, Krugman is a self-described liberal. And government control would be socialism, not fascism. I really wish you idiots would learn terms before you go throwing them around. It really makes you look like an idiot.

Okay, you can disagree with socialism, but to simply attack the man who is advocating something you don't agree with is idiotic. Stop being ignorant.

Fascism has nothing to do with an economic policy you idiot. Socialism is an economic policy, and Mr. Krugman DID NOT support the bailout in the form that it was written. He explicitly says that if the banks are bailed out, the people should own the organization. Go read up on something before you talk about it you moron.

I disagree. Fascism is ultra-nationalistic economic and political promotion, domestic and/or international, led by a strong central Govt. Corporatism is a subset of fascism. It is regulatory controls and privileges and/or subsidies given to specific industries or businesses which Govt feels will strengthen the country.

Socialism is state or common ownership of the means of production. Fascism involves state control over private production. Private property is not respected in either system.

I do agree that Fascism is a political system. Corporatism is its economic foundation upon which ultra-nationalism can be built. Analogically, it's the same with Communism and socialism as its economic foundation. and Republicanism, min-archy or anarchy and capitalism.

Democracy may include all three. The most prominent depends on the strength of the central Govt relative to its citizens' and their awareness of Govt power and its effects. But, over time, it too descends into socialism.

I's blame Greenspan for easy money and congress for the GSEs.

You're talking about whats wrong with corrupt government, not capitalism.