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A 'financial meltdown?' Actually it's just intervention

“Markets are wise,” markets “are pregnant with information,” markets “are information personified,” “ignore market signals at your peril.” About what’s been written so far, the bet here is that no one who professes a free market lean would quibble with any of the aphorisms. It’s all basic stuff.

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20 Reasons Not to Trust the Journal Editorial Page

20 Reasons Not to Trust the Journal Editorial Page
fair.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fair.org Daily Mail and Mail on Sunday newspapers.

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French Act Unilaterally When Their Interests are at Stake

France, a rapidly declining force on the international stage, isclinging to its delusions of grandeur, in a desperate attempt torein in U.S. power.

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Book Review: Harald Jahner's Fascinating and Depressing 'Aftermath'

Book Review: Harald Jahner's Fascinating and Depressing 'Aftermath'
realclearmarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from realclearmarkets.com Daily Mail and Mail on Sunday newspapers.

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Books: George Melloan Exposes Folly of 'Global Warming'

Books: George Melloan Exposes Folly of 'Global Warming'
realclearmarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from realclearmarkets.com Daily Mail and Mail on Sunday newspapers.

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Media Heresy: Bill Clinton Helped Cause 2008 Financial Crisis


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In the past 20 months, liberal media members have routinely blamed 2008's financial crisis on George W. Bush, Republicans, Wall Street, and greed.
Someone that has hardly ever been accused of having a hand in what led to the tumult is former President Bill Clinton.
As NewsBusters has been reporting almost since the crash began, it was Clinton who signed into law two key bills -- the Financial Services Modernization Act of 1999 and the Commodity Futures Modernization Act of 2000 -- that ushered in the malfeasance that almost toppled the world economy.
On Saturday, a former editorial page editor for the Wall Street Journal, George Melloan, made the connection even stronger as he pointed a finger at someone most in the media have shamelessly given a pass for his involvement in this crisis (h/t @RLMcMahon):

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The Raven


The Raven
...the record of history is absolutely crystal clear that there is no alternative way, so far discovered, of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system.
- Milton Friedman on the Phil Donahue show
"...What has always made the state a hell on earth has been precisely that man has tried to make it his heaven"
-F.A. Hayek -
The Road to Serfdom
The powers delegated by the proposed Constitution to the federal government, are few and defined. Those which are to remain in the State governments are numerous and indefinite. The former will be exercised principally on external objects, as war, peace, negotiation, and foreign commerce; with which last the power of taxation will, for the most part, be connected. The powers reserved to the several States will extend to all the objects which, in the ordinary course of affairs, concern the lives, liberties, and properties of the people, and the internal order, improvement, and prosperity of the State.

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