Monday, September 29, 2008

The Rescue Package Will Delay Recovery

Only a few weeks ago, we saw that the liquidation of a large bank such as Lehman Brothers and the sale of Merrill Lynch did not cause massive disruptions. In fact, the adjustment was swift and almost invisible. The reason for the smooth adjustment is that the market was allowed to do its job. If government and Fed bureaucrats had tried to intervene

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3-27-2025

Mike Waltz Left His Venmo Friends List Public   The 45th/47th US President can be proudly seen on the back of Mt. Rushmore Texas Senate Vote...