"Boater" wrote in message
...

McCain is just more of Bush: "trust" the free market to make it right.
Which means keep on bending over while the richest of the rich plunder
everyone else.

I get a kick out of people so naive that believe the free market had
anything to do with this. When interest rates inverted on inflation some 3
years ago it was where the free market left the banks. When you borrow
money today you are borrowing government fiat money, you are not borrowing
investors money.

For example. There are now two loan markets. One is government backed,
cheap at 4% that is easy cheap money for home debtors. Then there is the
loan free enterprise market where the rates start at 12% and getting
qualified means you have to be credit worthy.

There is no shortage of money to be borrowed, there is however a shortage of
those credit worthy and that will pay market rates. The government pulled
so hard on the interest lever they broke it and the currency and market.