Thursday, March 20, 2008

At this rate, I don't give the Washington Post three months.

Robert Novak on today's op-ed page, discussing the Fed's intervention to save Bear Stearns:
The expense of such an intervention is not a problem because the Fed, unlike the president and Congress, can print money.
Unbelievable.

// posted by t.s. @ 9:01 AM
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