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Kovie: You're using Wall St. as an example of where the free market works?
How? Who wrote that? Where?
Never before in human history has an industry received more from government than Wall Street. We have fought wars to benefit the corrupt bastards there.
However, it is true that open markets (if only we had that) send valuable signals and set the price that companies should be at when governments do not interfere.
Are you freaking shitting me? Are you for real? Wall Street "works"? Since when? When was the last time that Wall St. actually added value to the overall economy, rather than sucking out all the value from it to enrich its sociopathic self, and dragging the rest of the country down with it? Have you even been paying attention to what's been going on these past few months? Although, anyone could have seen it for years prior to this meltdown. ... -- kovie
As I already wrote. What are you on about? Trying to prove that you have no reading ability at all? I think you have done a fine job there.
I thought you said you were patient? Read the link yet? What about the book? Amazon ship it already? And you read it?
You fight against the monsters that are in your imagination and you seem to feel good about that. However, just saying let Obama run the economy is not really much of an answer.
The Austrian School told the commies why they would fail as early as the 20s; and the Polish were gentlemen enough to thank Mises and try to cure the glaring problem. Well, it took a while but Mises was proven correct. The whole system collapsed for the reason he gave. (do you know what it is?)
The Americans have been told what is coming for decades by the same school; and get laughed at by fools (some here who can not even read) who think that economic laws like TANSTAAFL do not count if a Democratic president is in charge.
Odd that one who cries "liar" turns around and puts words in my mouth --- I know Glenn hates it when trolls do that to him. Me? I do not like it much either.