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    • Tue Mar 18th 12:10 PM | Rating: 0 0
      Commented on:
      Jim Rogers on the Bear Stearns Bailout
      Norman: I suggest you read Frédéric Bastiat's essay, "What Is Seen and What Is Not Seen".
      We see, in plain view, the Fed riding to the rescue and (for now) preventing "multiple bank failures"; but the consequences of this policy are not quite so transparent.
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