July 29, 2008 2:29 PM

Sparky T. Penguin, Private Eye

TMW07-30-08OriginalImage.gif

Posted by Tom Tomorrow
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Discussion

  • Bookkeeper-At-Arms [TypeKey Profile Page] :

    A beautiful and accurate parable. Pity the Invisible Hand doesn't remember (or learn from) what happened to the previous Invisible Hand of the Free Market - the one who jumped out a window in October of 1929.

    Posted on July 29, 2008 4:58 PM
  • MichaelShigetani [TypeKey Profile Page] :

    heheheehe, oh gods, I have to agree with you bookkeeper. The crash is coming,just makes you wonder when.

    Posted on July 30, 2008 1:08 PM
  • ed24 [TypeKey Profile Page] :

    It's easy to blame the supposedly free market for the crisis, but a deeper look at the facts would suggest that it's government regulation that has been at the root of the problems. It was, for example, the government that pressured banks to lend money to people that they would not have lent to under truly free market conditions (which is why they're called 'subprime' mortgages in the first place).

    ... this has just been the subject of an excellent column by Thomas Sowell...

    http://www.jewishworldreview.com/cols/sowell100308.php3

    Posted on October 4, 2008 7:56 PM

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