Bush prepares G20 lecture on “principles of free market”

Ha. Yet another reason why the Republicans were crushed. They still have no idea how badly they botched the economy and they still think that the unregulated free market is what we all need to have in order to be saved. It’s as if nothing has gone wrong in their minds. Obama was right to leave this summit to Bush and Bush alone. Let him look like a buffoon one more time on the big stage.

President George W. Bush today will urge leaders of the world’s biggest industrial and developing economies not to abandon principles of free-market capitalism as they seek a way out of an international financial crisis, calling it the “best system” for delivering growth.

In a speech in New York before weekend talks among leaders from the Group of 20 nations, Bush will say policy makers “should fix the problems we have rather than dismantle a system that has improved the lives of hundreds of millions of people around the world,” according to statement released by the White House.

An American in Paris, France. BA in History & Political Science from Ohio State. Provided consulting services to US software startups, launching new business overseas that have both IPO’d and sold to well-known global software companies. Currently launching a new cloud-based startup. Full bio here.

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