No conservative and free market economists support the Fed's rescue of Bear Stearns with the money of American taxpayers?
All fiscal conservatives are always crying for government intervention in trade, but now all support to the rescue of Bear Stearns. They are even talking about the use of money of taxpayers to rescue more than the rest of the housing market. Why the hypocrisy? Why not let the bubble break now. Shore up economy bad is what got us into this mess. You can not go. He can make us more. The housing prices must fall … and quickly. hard ass to anyone who has made a bad financial choice. If the only way to pay your home for $ 700 000 is selling his house for $ 150K $ 350K to someone who can afford it, then not only can not afford $ 700 billion home is only worth $ 350K. Why not let the bubble burst, rather than passing the cost on the economy Bush is our grandchildren.
As a conservative, I do not support. I think a lot of like-minded people are moving on this because the people that can impact homes and make the irrational decision process. House prices must fall!
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