Treasury Secretary Henry Paulson said Sunday that the nation's credit markets remain frozen and Congress must move quickly to pass a $700 billion bailout package.
Libertarian party started when Nixon made wage and price controls to control inflation.
Greenspan has described himself as a Republican Libertaian.
Compare the % of GDP that the Nixon wage and price controls would have affected on the economy.
Compare the % of GDP that Bush's wage and price controls (under pretext of bailout and resolution) will and have affected the economy.
This would place Republican Libertarians and Republican Neocons at the opposite ends of the spectrum.
Neocons are for $5 trillion Bush debt and excessive bail out.
Libertarians say the government's interference in private sector affairs amounts to a form of communism.
Red Chineese claim themselfs to be communist-freetraders.
Hammer and Sickle is already stamped on the Bush Republican flag.
Bush's tax cuts were a joke.
Bush's Nixon wage and price control of the economy is a communist take over plan of deliquent private assets.
Mao would be proud of the $700 billion dollar bailout and governmentalization or nationalization of the economy.
Maybe nationalize the oil companies next?
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