In what may be the most Orwellian comment in history, President Bush just stated: "Bank buyout needed to preserve free market".



The US Government is to spend up to $250 billion buying direct stakes in banks and other financial institutions under a controversial emergency plan which President Bush insisted today was "not intended to take over the free market but to preserve it".



It's A Brave New World

Treasury Secretary Hank Paulson Jr. told nine leading bankers they would have to accept government investment for the good of the U.S. financial system.



It's a brave new world.



I'm also waiting for word as to when the implanting of chips in newborns is done 'for the good of the country'.



What hath they wrought?



One Does Not Take Over Free Markets To Save Them