I love the smell of napalm in the morning: UConn coach Jim Calhoun eviscerates a young clown “reporter”. That guy would have fit in perfectly as an economics reporter at the AP.
The current crisis is caused by government intervention, not free markets: Thomas Sowell explains how, in Upside Down Economics. A must read.
The world economy is in deep, deep trouble, according to Niall Ferguson. Another must read. His new book is called The Ascent of Money. I think I need to get that one. Oh, and by the way, he blames government intervention, too.
But at least all this gubmint pork — which is how we got here in the first, and which we can’t afford, and which will lengthen the recession, not shorten it — is helping grow Washington’s “economy”! Sweet.