Home » Archive

Articles Archive for 8 September 2008

Moneys »

[8 Sep 2008 | No Comment | ]

If you think the U.S. government’s bailout and “seizure” of Fannie Mae and Freddie Mac is a good way to fight the housing crisis, then it goes without saying you don’t mind a little Karl Marx with your coffee, thank you very much.
This latest, and HUGE, bailout, spells out a certain something for people that think we’re in downtrodden times:  Have no fear, the Government is here!
Again: if you think that’s a good thing, you ignore the premise that even “good” government regulation and intervention is a “bad” thing because …