More than a century and a half of ignoring downturns in the economy never produced a depression as deep or as long as the 1930s depression, with its many federal interventions, first under Herbert Hoover and then under Franklin D. Roosevelt."The 'Gridlock' Bogeyman." By Thomas Sowell, Investor's Business Daily, 11/9/10.
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It is not a matter of faith that a market economy can recover on its own. It is a matter of faith that politicians speed recovery.
A blog about Islamic intolerance and fanaticism; socialism; communism; government stupidity; and lying weasels everywhere, hopefully couched in vibrant and literate English and foreign words that make us look good.
November 9, 2010
The one true faith.
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