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Republicans Trapped in Free Market Metanarrative

The bailout bill might not pass.  Among other things: Differences include a demand from many Democrats and some Republicans to strip executives at failing financial firms of lucrative "golden parachutes" on their way out the door.How can any Republican oppose higher executive compensation?  The people who led bankrupt banks are turning to the government for help.  Just because the word business or bank is used does not mean we are in the free market metanarrative.  We are not within a free market metanarrative.  If we were, we'd let every failing business fail.  We have stepped outside the free market metanarrative.  We've stepped in the welfare metanarrative.  People deserve to be saved...continue to full post

Full post as published by Crime & Federalism on September 23, 2008 (boomark / email).