Thursday, December 25, 2008

George Bush, protectionist - by Patrick J. Buchanan

"I've abandoned free-market principles to save the free-market system," President Bush told CNN, defending his offer of $17 billion in loans to the Big Three "to make sure the economy doesn't collapse." Thus did Bush concede that protectionism, if a critical U.S. industry is in peril, must trump free-trade ideology.

read more | digg story

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