Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $21,133
26%  
Woo hoo!! And we're now over 26%!! Thank you all very much!! God bless.

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  • How free markets sank the U.S. economy (Socialist Alert)

    03/11/2010 10:54:32 AM PST · by frogjerk · 11 replies · 441+ views
    By Ellen Freilich NEW YORK (Reuters) - Two years ago, a poisonous brew of bad economics, lax regulation, and egregious behavior boiled over, scalding the financial system and pitching the United States into its steepest downturn since the Great Depression. The antidotes to the crisis, concocted by many of the players who stirred the original toxic brew, have pulled the U.S. economy back from the brink. But those remedies won't prevent future crises, Joseph Stiglitz, winner of the 2001 Nobel Prize for Economics, writes in "Freefall: America, Free Markets, and the Sinking of the World Economy" (Norton, $27.95). In contrast...