Vice President Touts Free Market, Huge New Regulations

MacIver News Service – [Milwaukee, Wisc..] During his visit to Milwaukee this week, Vice President Joe Biden spoke at length about the strengths of a free market economy. He then went on to explain how sweeping, new, government regulation would ensure a free market economy.

Congresswoman Gwen Moore (D-Wis 4th) and Treasury Secretary Timothy Geithner didn’t seem to share his fondness for free markets. They want the power to regulate bank lending and to takeover and terminate failing firms, with Moore proudly touting the ability for Washington to “kill these huge failing banks.”

See more in this video report: