Tuesday, August 05, 2008

Free kibbles

Fed hold rates flat, which means we're in for more inflation.

Cato points out the corruption in Fannie Mae and Freddie Mac that was inevitable because they are headed by political appointees, and they could donate to candidates. The result of the favor factory is Fan and Fred received special benefits from government, and their businesses were corrupt.

Cato explains the flack over Mexican trucks in America is really just a cover for union protectionism. The US should never be afraid of competition. If we are, it's because our government has made us uncompetitive.

Cato describes how Washington D.C. has changed its regulations to continue banning handguns in an end-run around the Supreme Court's Heller decision.

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