Free Republic 3rd Qtr 2025 Fundraising Target: $81,000 Receipts & Pledges to-date: $12,693
15%  
Woo hoo!! And now less than $300 to reach 16%!! Thank you all very much!! God bless.

Keyword: 2008bust

Brevity: Headers | « Text »
  • How Politics Caused Fiscal Disaster

    02/03/2010 1:19:39 PM PST · by Ernest_at_the_Beach · 5 replies · 397+ views
    Minyanville ^ | Jan 29, 2010 1:00 pm | David Stockman,.. Minyanville Staff
    My proposition today is that we’re in a fiscal calamity caused by the further, and perhaps, final triumph of politics. Admittedly, I issued this very same forecast awhile back -- 23 years ago to be exact. But I’m not reluctant to try again. Having read Grant’s continuously since 1988, I’ve learned there’s no shame whatsoever in being early -- even often! The Triumph of Politics was published early, mainly in the unflattering sense that I’d not completed my homework. I was hip to statist fiscal and regulatory evils, but had only dimly grasped the Austrian masters’ wisdom on money; that...