Be Weary of Power: Thoughts on the Financial Bailout
One of the most astonishing things about this most recent excessive usurpation of power by the federal government and the Federal Reserve is perhaps not the depth and extent of power now held by these institutions, but rather the failure of many to object to such a seizure of power. Economist Arnold Kling chimes in:
http://econlog.econlib.org/archives/2008/10/the_political_e_1.html
http://econlog.econlib.org/archives/2008/10/the_political_e_1.html
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