Ultimately, what emerged most clearly from Obama’s speech Thursday was his faith in the efficacy of regulation, and, by implication, his belief in the intelligence and objectivity of regulators. In this, he revealed—and not for the first time—his predilection for political control of the economy. This, alas, is where a great danger lurks for a genuine free market: Do we really want Big Government to save us from Big Business?
Friday, April 23, 2010
Tunku on Obama's Financial Reform Bunku
In The Daily Beast:
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