August 16, 2007

kudlow-wingnutwelfare.jpg via C&Ler email of the day:

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Hardy: Corporate Welfare. (later)  When it comes to working people the government should get out of the way, but when it comes to the Wall Street people they should be the love monkeys...

Quentin Hardy, Forbes Silicon Valley, calling so called free market capitalist Kudlow on his hypocrisy in demanding a federal government bailout in the current credit/mortgage crisis essentially saying that when millionaires get in trouble it's time for the government to help. The look on Kudlow's face was priceless and he had absolutely no reply.

The government should only help out the rich and powerful---that's the Kudlow way...

Bonndadd takes a look at the market...

And then there's this on Margin Debt.

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