Give BB&T Liberty, but Not a Bailout – New York Times
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Give BB&T Liberty, but Not a Bailout
4 responses to “Give BB&T Liberty, but Not a Bailout”
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I got as far as page two.
Alan Greenspan did not just peacefully leave Objectivism – Ayn Rand shoved a dinner plate in his face.
Nor is “misregulation” …. I do not even know that this means.
The financial crises was caused by government supported expansion of the money supply (see Thomas Woods – “Meltdown”) which was fed (again in line with government policy) into the housing market (see Thomas Sowell – “Housing: Boom and Bust”).
But one is not likely to read that in the New York Times.
Reading anything in the NYT (even about an interesting banker) makes my skin crawl – their patronising house style sees to that.
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I just skip that rubbish.
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Sadly most of the readers do not.
What the NYT does (in twisting things) does not work on everyone – but it works on a lot of people.
Or they would not have been doing it since (at least) the 1930s.
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Although, yes, I have now read page three and page four (and they are better).
Middle aged man sickness – getting more quick to anger (partly because everything seems harder to do – and one has less energy to do it).
But the Randians (correctly) would reply “so you must try harder”.
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