{"id":924,"date":"2008-09-17T07:31:59","date_gmt":"2008-09-17T11:31:59","guid":{"rendered":"http:\/\/www.thedisciplinedinvestor.com\/blog\/?p=924"},"modified":"2008-09-17T07:31:59","modified_gmt":"2008-09-17T11:31:59","slug":"the-feds-new-role-sugardaddy","status":"publish","type":"post","link":"https:\/\/thedisciplinedinvestor.com\/blog\/2008\/09\/17\/the-feds-new-role-sugardaddy\/","title":{"rendered":"The Feds New Role: SugarDaddy"},"content":{"rendered":"<p>Since when do we rely on government to intervene in every case of a failing business? \u00a0If anyone \u00a0wonders why we have such a mess on our hands, look no further than our boneheaded government that has obviously forgotten its way. \u00a0 Think of this week&#8217;s action within the financial markets is a result, not the cause of our problems.<\/p>\n<p><strong>AIG (AIG)<\/strong> is in a battle for its very existence, <strong>Merrill<\/strong> (MER) has been absorbed and <strong>Lehman<\/strong> (LEH) is bankrupt. And it is only Tuesday. What&#8217;s next?<\/p>\n<p>These days, many people are wondering what our government will do to stop the insanity. Yet, in a capitalistic society that relies on a free market system, we should only look to the government to guide and regulate against fraud and the manipulation of the system. Sometimes known as a laissez-faire philosophy, the government has a role, but it is not to be a business partner and a <em>sugardaddy<\/em> there to provide a backstop to the bad business practices of the banking system.<\/p>\n<p>Read the full article <a title=\"The Fed is our Sugardaddy\" href=\"http:\/\/blogs.moneycentral.msn.com\/topstocks\/archive\/2008\/09\/16\/the-fed-is-not-our-sugardaddy.aspx\" target=\"_blank\"><strong>HERE<\/strong><\/a>&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Since when do we rely on government to intervene in every case of a failing business? \u00a0If anyone \u00a0wonders why we have such a mess on our hands, look no further than our boneheaded government that has obviously forgotten its way. \u00a0 Think of this week&#8217;s action within the financial markets is a result, not [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[5,12,42],"tags":[215,229,490],"class_list":["post-924","post","type-post","status-publish","format-standard","hentry","category-economy","category-markets","category-stocks","tag-credit-markets","tag-msn-money","tag-stocks","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"acf":[],"_links":{"self":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/924","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/comments?post=924"}],"version-history":[{"count":0,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/924\/revisions"}],"wp:attachment":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/media?parent=924"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/categories?post=924"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/tags?post=924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}