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Jul. 17th, 2008 02:58 pmFrom http://online.wsj.com/article/SB121625520953660253.html
"Some free markets are apparently freer than others: The price of oil is free to fall, while the stock price of a bank is free to rise.
"That is one takeaway from Washington's recent response to market turmoil. By singling out "speculators" who want to push bank stocks down and oil prices up, lawmakers and policy makers reinforce a message that the free market is a wonderful thing as long as it isn't going against you."
"Some free markets are apparently freer than others: The price of oil is free to fall, while the stock price of a bank is free to rise.
"That is one takeaway from Washington's recent response to market turmoil. By singling out "speculators" who want to push bank stocks down and oil prices up, lawmakers and policy makers reinforce a message that the free market is a wonderful thing as long as it isn't going against you."
