Cato on the Financial Crisis and the Bailout

Friday, October 03, 2008 | 04:49 AM

Cato, the right leaning think tank, rails against the bailout.   I am not sure Cato fully understand how the crisis came about, as indicated by their ongoing emphasis deregulating Wall Street. 

Still, this is well done and interesting . . .

Friday, October 03, 2008 | 04:49 AM | Permalink | Comments (19) | TrackBack (0)
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The Cato Institute claims to be named after a writer from the time of the American Revolution. Its spokesmen have always sounded more like the Roman Cato, the one who advocated not giving slaves any idle time and then freeing them when they were too old to be useful so that he wouldn't have to support them. They think the original Cato had Social Security reform nailed.

Posted by: Mike in NOLa | Oct 3, 2008 7:28:59 AM

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