"The free market has nothing to do with the current financial crisis"

"Corporatism, Not Capitalism: The free market has nothing to do with the current crisis"

Reason Magazine, "Free Minds/Free Markets," says today (Sept 24, 2008):

There's nothing free market about the [US federal goverment] bailout [of the financial sector of Wall Street], writes Senior Editor Radley Balko. It's a peculiar kind of corporatist socialism, where good risks and the resulting profits remain private, but bad risks and the resulting losses are passed on to taxpayers.