Regulating another financial disaster
Posted by aogWednesday, 26 May 2010 at 17:04 TrackBack Ping URL

Oh, housing prices continue to fall even as the federal government increasing intervenes in the arket — clearly the problem is that we are “not regulating those bucket shops on Wall Street well enough. That’s the only place speculative bubbles come from, never from government agencies pumping them up with massive subsidies.

At least the government is keeping private wages under control. It also turns out that federal spending damages local businesses — but that would only matter to result oriented people, unlike our regulatory class. They prefer things like the “stimulus” and fake data.

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Annoying Old Guy Friday, 04 June 2010 at 13:17

Small business ‘tax breaks’ a failure as well. Another market failure, really.

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