Wednesday, September 24, 2008

Sowell on the economic crisis

For a concise assessment of the current economic crisis, please read the short but excellent article by Thomas Sowell.

1 comment:

Kevin said...

For perspective... Enron, the poster boy of illegal practices, was valued at $80 billion at it's peak. A little more than 1/10th of the cost of this bailout. I'm glad the FBI is investigating and prosecuting were appropriate. We may also consider setting up an independent board to review the political decisions that have led to this mess and take direct action to reform and limit Washington's ability to meddle in the economy.