"Capitalists" Who Don't Believe in Capitalism

So this is the mindset of the financiers who participate in and make our stock market: they rejoice when they learn about the Feds bailing out Fannie Mae and Freddie Mac.

The idea that the American stock markets prefer less government intrusion is proving to be a myth. It appears that most stock market participants, having made their money recently because of the regulation that perverted incentives in the mortgage-lending market, are peeing their pants with glee at the prospect of greater government intervention. They think they've been proven right -- their philosophy of financial risk-taking based on the knowledge that the downside is all the taxpayers', seems in fact to have always been the way to go.