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Posts Tagged ‘Libertarian’

LONG BEACH— Several times in the past this topic has come up on American Missive.

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…the question we really should be asking is: why keep insolvent banks afloat? We believe there is no convincing answer; we should instead find ways to manage the systemic risk of bank failures,” Nouriel Roubini and Matthew Richardson, May 6, 2009. ATLANTA— From the beginning, I have been opposed to the government bailouts of major financial [...]

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ATLANTA— The Obama Administration is declaring its intent to centrally regulate our economy in such a way as to avoid the creation of new asset bubbles in the future.  To achieve this, they would commission a central regulator to identify and stop bubbles before they reach a destructive size and scope.  I have pasted an article from Politico discussing this intent [...]

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ATLANTA— As Congress and the Obama Administration tighten their grip on the U.S. financial industry, it is refreshing to me to read stories about the success of banks that have avoided de facto government control by managing their businesses well during the debt-fueled boom of this decade and avoiding the TARP trap.  Copied below is an [...]

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ATLANTA— Mark Sanford, Governor of South Carolina, is the most vocal leader of the Republican resistance to the Obama-led fiscal stimulus package.  Mr. Sanford has made a lot of news with his plans to reject some of that package in the upcoming weeks.  It has caught the eye of the Democratic National Convention, which developed the [...]

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