Monday, December 16, 2019

Judd Gregg, Senate author of TARP bank bailouts which picked bank winners, calls Trump conservative in name only

Judd Gregg's idea of a conservative president is one who abandons free market principles in order to save the free market system.


There is probably nothing short of runaway inflation that does more damage to a market economy than to have the government pick who is going to be successful and who is not. It perverts the fundamental purpose of a free market, which is to allow the forces of private exchange to decide the winners and losers in commerce.