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Tuesday, April 13, 2010

I Hate To Say It...

http://www.politico.com/news/stories/0410/35733.html

...but Mitch McConnell is right. While most politicians and establishment "economists" blame the recession on lack of regulation, the truth of the matter is that too much regulation caused it. Regulation by the Federal Reserve over interest rates and the flow of money to be precise.

But, as usual, the Government claims we have a free market (which we don't) just so it can blame Capitalism when it's own failures produce drastic consequences for the economy. Of course the solution presented is more of the same.

We need to wake up and smell the Corporatism. We don't live in a lasseiz faire country, and we haven't for a long time. You want to solve our financial problem? Well there's a simple cure:

End the Fed.

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