Submitted by libbyliberal on Mon, 02/13/2012 - 1:20pm
RE-POST from 8-10-11
Peter Bradshaw of the Guardian:
Once again, the phrase that comes to mind is Milton Friedman's: socialism for the rich, free enterprise for the rest. An ordinary person defaults on his debt, he gets to live in his car. A banker defaults, and the taxpayer can be relied on to bail him out.
Wesley Morris of the Boston Globe: Read below the fold...
Submitted by libbyliberal on Wed, 08/10/2011 - 3:37pm
Peter Bradshaw of the Guardian:
Once again, the phrase that comes to mind is Milton Friedman's: socialism for the rich, free enterprise for the rest. An ordinary person defaults on his debt, he gets to live in his car. A banker defaults, and the taxpayer can be relied on to bail him out.
Wesley Morris of the Boston Globe: Read below the fold...