Anyone who can understand George Bush's latest outburst, where he defends free markets and warns not to have too much Government interference in the economy. You can read his full speech here.

"History has shown that the greater threat to economic prosperity is not too little government involvement in the market, it is too much government involvement in the market ... In the wake of the financial crisis, voices from the left and right are equating the free enterprise system with greed and exploitation and failure. It's true this crisis included failures - by lenders and borrowers and by financial firms and by governments and independent regulators. But the crisis was not a failure of the free market system. And the answer is not to try to reinvent that system."

This is from someone whose Government bailed out American International Group, Bear Stearns and Fannie Mae and Freddie Mac, ultimately nationalising them, in moves that completely ignored free market principles.

It also comes at a time when
hedge funds are saying they want Government regulation.

Felix Salmon at Portfolio.com calls it "a mixture of free-market platitudes, cryptic code, and outright weirdness." And James Kwak at The Baseline Scenario blog is even more blunt. "For the record, I'm for free markets, not socialism. But I'm not for a lame-duck president making campaign speeches when what we need are real solutions."