Reporter: "Is this a sad day for America?" Me: "It's a sad day for…

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Reporter: "Is this a sad day for America?"

Me: "It's a sad day for Sears but it's a great day for America. This bankruptcy shows that markets are still working and that consumers are still sovereign. If you don't give people the products and services they want at prices they're willing to pay, you won't stay in business."

-- Steve Horwitz