The left is marching against free market capitalism and it is the responsibility of all conservatives to take up verbal arms against the progressive troops lining up to trash free markets.  E.J Dionne, self proclaimed progressive, writes for the Washington Post today that there is something to the argument that Americans are all Socialists now, because “capitalist theory and practice were being toppled by an economic catastrophe that proved how profoundly flawed the old system was.”  I guess Dionne wants to toss “old system” of capitalism in the trash, for a new Socialism-Light system with a big government nanny state to take care of us all.  What Dionne misses is that one of the factors creating the meltdown on Wall Street was the the Community Reinvestment Act (CRA), requiring financial institutions to make loans to people who could not repay. 

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