Free kibbles

FASCISM:

Goldman Sachs becomes principle beneficiary in CIT bankruptcy before taxpayers. According to Judge Napolitano of Foxnews, this is the first time in history this has happened. This is what we get for giving our power to government so crooked aristocrats could sell it to rich organizations like Goldman Sachs.

ECONOMY:

Economists looking to Shakespeare.

"That shift could change the way central bankers do their job, possibly leading them to wade more deeply into markets. They could, for example, place greater emphasis on the amount of borrowing in the economy, rather than just the interest rates at which borrowing is done. In boom times, that could lead them to restrict how much money various players, ranging from hedge funds to home buyers, can borrow."

The brainwashing of Ivy League schools is impressive. It's always more government intervention with them. More government. More central planning. More intervention. Less freedom. If we could just focus all power into one man, the world would be a despotic utopia. I bet these guys would slit their throats before they'd look to Mises.

"The past century saw two revolutions in the way economists view the world. Both required painful crises to set them in motion, but both arguably improved government's ability to manage the economy."

This writer is just as brainwashed.

MISC:

Why in the world did Vaclav Klaus cave and sign the EU Lisbon treaty? He refused to comment. Wow. He was steadfast against the treaty, and rightfully so.

""Today is a day when Europe looks forward, when it sets aside years of debate on its institutions, and moves to take strong and collective action on the issues that matter most to European citizens: security, climate change, jobs and growth," [Gordon] Brown's statement said."

Is Brown still a prime minister or a governor now? Europeans are going to regret centralizing power in the EU so it can more efficiently force collectivism on them. The EU is less accountable than our federal government, and it will likely become bigger and worse soon.