"The moral of this story is that bad regulation metastasizes. Short term heroics are no substitute for dispassionate deregulation, which won’t happen so long as our political leaders are fixated on greed. Taking steps to prevent financial meltdowns is more likely to hasten their unwelcome arrival, so says the libertarian."
Read it all on Forbes.com.
I promise one day, I'll post thoughts on something other than the bailouts. One day...
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