Saturday, May 9, 2009
Market fundamentalists believe markets can handle anything the world sends at them, except government. They are fooled by government, naively misled by it, unable to anticipate it, or induced to take advantage of it, forced to misbehave by it, or cynically exploit it. Whenever markets fail it is the fault of government, they were only doing what was expected. The devil made them do it. How lame. Well since everything is the government's fault, it must be their responsibility to fix.