Monday, March 17, 2008

The Invisible Hand

One of the world's largest investment banks is sold for pennies on the dollar to JP Morgan in a deal engineered and under-written by the Federal Reserve in an effort to prevent further bank collapses and the Dow Jones Composite Index goes up?
People on Wall Street can't say the words "free market" without laughing so hard they lose bladder control.
Keep this in mind the next time someone in a suit tells you there's no money for bridges, roads, sewers, schools, library books, health care, and food for poor people.

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