funeralcrasher: (Default)
funeralcrasher ([personal profile] funeralcrasher) wrote2008-12-11 08:57 am

Double standards



Citigroup grovels and begs, then receives $20,000,000,000 from taxpayers. No congressional hearings, no CEO frog march to Washington, little to no oversight, and virtually no Republican outrage.

Yep, free market capitalism at it's best.

And it's just the tip of the $700 billion dollar iceberg for the banking industry.

[identity profile] johnbutler.livejournal.com 2008-12-12 01:12 am (UTC)(link)
Adria, MOST Republicans in both the House and the Senate were dead against the $700B bailout, as were most conservative opinion columnists. There was plenty of outrage to go around. I won't fault you for not listening intently to it, but it's certainly there.

Start at City Journal:
http://city-journal.org/2008/selected_articles-wall_street.html

Then check out National Review, Heritage Foundation, the Cato Institute, GOPAC, and Commentary.

I'll admit The New Criterion was a little quiet this time around.

http://article.nationalreview.com/?q=YjRmYmIzZTk3NTU1M2VjYWY3N2E3YmY1ZmY3MzI0Mzk=

http://www.heritage.org/Research/Economy/HousingandFinancialMarkets/

http://cato.org/pub_display.php?pub_id=9829

http://gopac.org/issues/details.aspx?id=26

http://www.commentarymagazine.com/blogs/index.php/rubin/40791

http://www.commentarymagazine.com/blogs/index.php/rubin/40401