MB Civic

By Robert Schiller | Sunday, September 29, 2008 | The Washington Post

“…It has become fashionable to fret that the current crisis on Wall Street marks the end of American capitalism as we know it. ‘This massive bailout is not the solution,’ Sen. Jim Bunning (R-Ky.) warned Tuesday. ‘It is financial socialism, and it is un-American.’ It is neither.

The near-collapse of the U.S. financial system and Washington’s sudden and massive intervention to try to shore it up certainly mark a major turning point, but a bailout would represent a thoroughly American next step for our economic system — and one that will probably lead to better times….”…BS

http://www.washingtonpost.com/wp-dyn/content/article/2008/09/26/AR2008092602838_pf.html