Thursday, September 8, 2011

'I have abandoned free market principles to save the free market system'

"You know I feel a sense of obligation to my successor to make sure there's not a -- you know, a huge economic crisis.

"Look. I obviously have made a decision to make sure the economy doesn't collapse. I have abandoned free market principles to save the free market system. Having said that, I'm very confident that with time the economy will come out and grow and people's wealth will return."

-- George W. Bush, December 2008, here and here