On Tuesday President George W. Bush made a remarkable admission. He told CNN television, “I’ve abandoned free market principles to save the free market system.” It is hard to believe, coming from a two-term Republican president. But there it is – proof positive that socialism is the wave of the future. President Bush does not believe in the free market. If he did, he would let the market function. He would have allowed the catastrophe to unfold according to market principles, trusting that the outcome would be better – in the long run – than the outcome of government intervention. For this is what market principles teach: that government planning cannot save an economy.
http://www.financialsense.com/stormwatch/geo/pastanalysis/2008/1219.html