I'm a strong believer in free enterprise. So my natural instinct is to oppose government intervention. I believe companies that make bad decisions should be allowed to go out of business. Under normal circumstances, I would have followed this course. But these are not normal circumstances. The market is not functioning properly. There's been a widespread loss of confidence. And major sectors of America's financial system are at risk of shutting down. ...The president believes in free enterprise so much that he wants to use the force of government to "liberate" every consumer in America -- kind of like what he did to the Iraqis, I suppose.
... I know that Americans sometimes get discouraged by the tone in Washington, and the seemingly endless partisan struggles. Yet history has shown that in times of real trial, elected officials rise to the occasion. And together, we will show the world once again what kind of country America is -- a nation that tackles problems head on, where leaders come together to meet great tests, and where people of every background can work hard, develop their talents, and realize their dreams.
Excuse me, Mr. President, but why can't we just can't allow market forces to provide the solution? Given the fact that it was government intervention that created the problem in the first place, I would say that the market is functioning exactly as it should. Just let it run its course.