Finance, the American way
Asia Times
by Richard Daughty
11/24/08
At least some Chinese are recognizing that the US way of finance involves running up vast debts through deficit spending while taking what we want and killing anybody that gets in our way. And Beijing has the cash to buy everything we will have to sell to pay off our debts...
http://www.atimes.com/atimes/Global_Economy/JK25Dj05.html
America the ungovernable
OpenMarket.org
by Wayne Crews
11/24/08
With respect to the ongoing series of bailouts, my colleague Iain Murray pointed out that some sensible British commentators note that one of the ways to prevent entities from becoming ‘Too Big to Fail’ is to engage in more vigorous antitrust activity. I’m very, very skeptical of their idea, however. Speaking of entities Too Big To Fail, perhaps the gravest threat we face now is the federal government’s further collectivizing of risk, and unconstrained assumption of authority over virtually all commerce...
http://tinyurl.com/5qqbpu
Informant: Thomas L. Knapp
http://freepage.twoday.net/search?q=deficit+spending
http://freepage.twoday.net/search?q=bailout
http://freepage.twoday.net/search?q=Richard+Daughty
http://freepage.twoday.net/search?q=Wayne+Crews
http://freepage.twoday.net/search?q=Iain+Murray
by Richard Daughty
11/24/08
At least some Chinese are recognizing that the US way of finance involves running up vast debts through deficit spending while taking what we want and killing anybody that gets in our way. And Beijing has the cash to buy everything we will have to sell to pay off our debts...
http://www.atimes.com/atimes/Global_Economy/JK25Dj05.html
America the ungovernable
OpenMarket.org
by Wayne Crews
11/24/08
With respect to the ongoing series of bailouts, my colleague Iain Murray pointed out that some sensible British commentators note that one of the ways to prevent entities from becoming ‘Too Big to Fail’ is to engage in more vigorous antitrust activity. I’m very, very skeptical of their idea, however. Speaking of entities Too Big To Fail, perhaps the gravest threat we face now is the federal government’s further collectivizing of risk, and unconstrained assumption of authority over virtually all commerce...
http://tinyurl.com/5qqbpu
Informant: Thomas L. Knapp
http://freepage.twoday.net/search?q=deficit+spending
http://freepage.twoday.net/search?q=bailout
http://freepage.twoday.net/search?q=Richard+Daughty
http://freepage.twoday.net/search?q=Wayne+Crews
http://freepage.twoday.net/search?q=Iain+Murray
rudkla - 25. Nov, 09:52
