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The Government Says
Unofficial blog of briefings from the Whitehouse. Based on DowningStreetSays.com.

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Whitehouse Press Briefings with alerts and comments - for you to read and respond to what the Press Secretary actually says, rather than what they were reported as saying.

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Q Dana, what do you say to Americans who are looking at the AIG deal and saying, we don't have a free market economy; how can you call this a free market economy?

MS. PERINO: We do have a free market -- the free market is alive and well, and we have systems in place here in our country to be able to deal with shocks to the system like this. And Secretary Paulson and the Fed Chairman have taken action where they think necessary in order to prevent broader shocks to the economy.

Look, the market has had a lot of information to digest over the past several days, and it's going to take a little bit of time for us to see where this goes. But I think the considered judgment -- the collective judgment of most people today is that the action they took last night on AIG was the right move.

seen at 09:00, 17 September in Whitehouse Press Briefings. Email this to a friend.
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