"What matter who's speaking, someone said, what matter who's speaking."
Monday, September 15, 2008
Milton Friedman has said famously - perhaps infamously - that "There is no such thing as a free lunch." But the economy today is all about how to get a free lunch. That is what Fannie Mae and Freddie Mac were all about, and what government bailouts of the financial sector tend to be about.
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