The economic scoop

This week we have proof that the conservative de-regulation theory of the economy doesn't work. Aka greed will catch up to you in the end.

From now on if someone suggests to you that deregulating industries is the best way to get low prices and 'let the market work' don't bother arguing with them. Their brain doesn't work and it is impossible to talk any sense into them because they will be unable to understand it.

I'm not saying that a market economy is bad. Here's what I'm saying:
1. Conservatives think free market=laissez faire economics. First of all the term 'free market' is a bullshit term so let's stop using it and laissez faire economics is what got us into our current mess
2. Markets (like children or sports) need structure and rules because they (or those participating in them) are too stupid and self destructive on their own.
3. Certain things should not operate on a economic market: health, justice, education, and possibly more that I am not thinking about currently.

These are the basics of sifting through some or most of the bullshit that conservatives have been trying to feed the world for more than a century. More on John McCain's ridiculous economics and the proposed Wall Street bail out when I'm not so tired.