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Tuesday, April 01, 2008

Quote Of The Day

Today's credit panic isn't some "crisis of capitalism" that needs a vast new layer of regulation. We are living through the aftermath of a societal credit mania fueled by excessive money creation. The regulators are as much to blame as the regulated, and Adam Smith is providing more punishment and reform than Washington ever will.


-Wall Street Journal Editorial

1 Comments:

That IS good. :)

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