Friday, September 19, 2008

More regulation will harm, not help, recovery

The capitalist fat cat has long held a treasured place in popular demonology. Russians used to deride casino capitalism before showing us how to do it really well - by playing with the house's money. British trade union leaders castigated the City of London even as it created jobs at many times the pace at which their own mulish Luddism destroyed them.

[tried to parse down, couldn't -- Must Read > ]

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