Monday, December 15, 2008
The invisible hand
As I was just mentioning the invisible hand of the free market economy, I opened the paper and found this from Tom Tommorrow. Follow the link for the whole sad, frightening and illuminating tale. In the meantime, the Federal Reserve System made 2 Trillion in loans to banks that they refuse to identify. Can you imagine what 2 trillion dollars could have done for education or health care? Home values have dropped over 2 trillion in the last year of the Bush presidency. Can you imagine what 2 trillion dollars could have done for education or health care?