Saturday, June 13, 2009

Obama"s chief economic adviser: "Obama is defender of free markets."

Summers, the chief economist of the Obama regime was extensively quoted in the Wall Street Journal today. His speech was made against the background of increasing attacks by groups such as the Chambers of Commerce against the Obama regime's talk of regulation and increased intervention in the economy. Summers said the Obama regimes bail outs, take overs, interventions were done out of "necessity not choice. And just as history has judged Franklin Roosevelt's New Deal as saving capitalism, not destroying it, Mr Obama's efforts eventually will be seen as pro-free market." There you have it. The Obama regime exists to save capitalism. This can be seen in its economic and other policies at home and in its invasions and occupations and wars abroad. Sean. 

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