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The New Deal

Bush = Hoover 2.0, Part 1 - “The False Claims”

But not because of the reasons you may believe

Many supporters of free and open markets have for years sounded the alarm about the impending doom and inevitable collapse of the financial markets due to the fiscal and monetary policies beign pursued by the Congress, the White House, and most importantly the Federal Reserve.

On the other hand, many similarly minded individuals rode the wave of capitalism on its way up, while ignoring the unsound basis for which the wave was formed.  It is the latter that gives anti-freedom interests of all types the ammunition they need to spread the false assertion that lack of regulation on private industry is the root cause of this credit crisis.

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