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From: ew1usnr (199.73.152.100)
Subject:         Yea, but .....
Date: January 17, 2008 at 6:14 am PST

In Reply to: Market capitialism died in 1929 posted by Cato on January 17, 2008 at 5:57 am:

"modern capitalism," which means, of course, a government managed economy".

For whose benefit is the economy being managed? It appears that the government is managing the economy to benefit business interests rather than the general public.

The argument would be that "What is good for business is good for America", but business benefits the most directly. The CEO's of the failing banks and finance companies made their hundreds of millions in bonuses and now tax payers are being directly and indirectly (though a de-valued dollar and inflation) made to cover the business losses.

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