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Archive for November 3rd, 2008
The moral hazard of regulation
Since the bailout bill passed, I have been frequently disturbed to hear “experts” wrongly blaming the free market for our recent economic problems and calling for more regulation. In fact, further regulation can only make things worse.
Afghanistan will be another Vietnam
The next President of the United States of America must decide whether to withdraw our troops from Afghanistan or expand our involvement there. Having lived through the long years of the war in Vietnam, I can tell you that Afghanistan looks and smells like Vietnam. It is the classic wrong war in the wrong place.
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