Joe Conasan makes many valid points here:
http://www.salon.com/opinion/conason/2008/09/19/market/index.html?source=newsletter
I especially like his opening paragraph:
Now that we’re all about to take on hundreds of billions or perhaps a trillion dollars in new public debt to redeem the nation’s super-smart corporate financiers, there is one thing I hope we can expect in addition to postponing the apocalypse. Will they all please shut up about the wonders of the unfettered free market and the horrors of big government?
Sadly, I’m sure we can expect another bout of small government deregulation get government out of the way so we can all make gobs of money nonsense in the future. Its predictable.