Thursday, October 02, 2008

What's a Free Marketer To Do?

We are talking about legislation that will fundamentally alter the face of American capitalism for at least a generation. Allowing investment banks to go to the government for a $700 billion line of credit is akin to inviting a vampire into the house. If you live, you certainly won’t be the same person when you wake up the next morning.

Matt Kibbe, president of FreedomWorks Foundation asks what would Mises do? Probably the best little bit I've read on the bailout, far removed from the usual partisan partisan bickering.


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