"The cause of this crisis--i.e. what turned what would normally have been a healthy business cycle contraction into a recession, and perhaps a depression, are the over-expanded governments of the world, and most particularly their mishandling of the money supply. It's that simple."
Now THAT's accurate analysis! It is so refreshing to read a member of the press who "gets it"!
The U.S. Risks Losing Its AAA Credit Rating [View article]
Actually, federal financial regulation spending is up 40% in inflation-adjusted dollars since 1990. What "massive deregulation" are you referring to? Sarbanes-Oxley? The Community Reinvestment Act? The Government Sponsored Enterprises?
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Now THAT's accurate analysis! It is so refreshing to read a member of the press who "gets it"!
The U.S. Risks Losing Its AAA Credit Rating [View article]