60 Minutes: The Bet That Blew Up Wall Street
This article is another illustration of the inability of our government to anticipate and account for the unintended consequence. As much as we may rail against professional politicians, when we find those who have the inclination and ability to avoid the unintended consequence, we need to (all other things being equal) to keep them.
Much has been made of the housing problems accounting for our economic crisis. This article shows a new and revealing viewpoint.
Here's the link.
http://www.cbsnews.com/stories/2008/10/26/60minutes/main4546199.shtml
Much has been made of the housing problems accounting for our economic crisis. This article shows a new and revealing viewpoint.
Here's the link.
http://www.cbsnews.com/stories/2008/10/26/60minutes/main4546199.shtml
Posted by Larry Bradley at 10/28/2008 7:53 AM 
Categories: Politics, Fiscal Prudence, Limited Government
Categories: Politics, Fiscal Prudence, Limited Government
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