And why would corporations be immune from fraud charges? Free Market doesn't mean that the corps can commit crimes at their whim and get away scot free.

As for outsourcing of labor or importing of cheap labor, we have that now in our very heavily regulated environment, as well as illegal immigration. Can the free market do any worse?

Truth be known, I think it is appropriate for business to outsource. Why pay some guy who never graduated high school $25 per hour + benefits to stamp out some part on an assembly line, when some Chinese guy will do it for $2 per hour with no benefits? It is up to us Americans to make sure we bring a higher value and thus earn those higher wages.

Free Market has nothing to do with deciding immigration policy. In a pure free market, gov't and business are separate, thus no interference by business to coax gov't to allow illegal immigration.

As for debt, with no hope of government bailouts nor pressure from the gov't to lend to deadbeats, one would hope that creditors would extend credit to only those who are credit worthy. Those that make risky loans would either build large reserves to hedge that, or eventually pay the price by going under.

I also still see ads for sub prime mortgages on line! That's been really dismaying. One of the few things that seems to be correcting is the prices of the houses in my neighborhood, they are coming back down from the inflated rates. But that means people are loosing money when selling.

I also heard a great deal about investors buying up some of this "bad paper" for a percentage of it's worth. That's been letting the big companies clear out some of the bad stuff from the books. The investors plan to simply hold the stuff now that the price is right and will eventually make money on it.

Given all that, I'm not sure that the whole 700 billion was really necessary. I wish I could find the darn study on the values on these failed mortgages that someone told me about. There's some dispute on the amounts, even if you value the houses at $0

EDIT: ok, so I was reading something a little later today. It turns out that the credit market that had been effected so far was the one where banks loan eachother money. That apparently is the top of the food chain in the financial loan market.

and Dad, ditch the attitude, I live in a nice old home and drive my car for ten years before replacing it. I carry way less debt than the national average cause I pay off the card. Don't pretend to be the only one who gets fiscal responsibility