Worth reading to the end

35) Regulation: Cause not cure

The Art of the Possible

by Roderick Long

"The bailout is just diverting resources from the productive poor and

middle-class to the failed rich. ... The only good effect such a

bailout could possibly have (at least if you prefer costly boondoggles

without piles of dead bodies to costly boondoggles with them) is if it

convinced the warmongers that they just can't afford a global war on

terror right now -- but there's no sign that they're being convinced

of anything of the sort." (10/10/08)