We're All Bailout Artists Now?

Posted: Mar 18, 2008 8:30 AM

Regarding the mortgage/housing prices crisis, David Brooks laments

So I guess we’re all bailout artists now?

We do seem to have reached some Bernanke-era consensus. In normal times, the free market works well. But in a crisis like this one, few are willing to sit back and let the market find its own equilibrium.

Regardless of how you feel on the topic, this appears to be an accurate reflection of the policy ...