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The Big Bailout

Economist Arnold Kling, who blogs at Econlog, used to work at Freddie Mac, and started Homefair.com, talks to Reason.tv about the proposed $700 bailout plan for investment banks and related firms.  
 
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dogcow666 (1 year ago) Show Hide
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wow i was with him until he said lower capital requirements. As far as I understand that, this would allow banks to create more loans, backed by nothing than they already currently do. So this would just prolong the inevitable for how long?
blogegog (1 year ago) Show Hide
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Has Nick Gilespie quit smoking weed yet? If he has, I want to be the first to congratulate him. Good job, Nick! Libertarianism is much better off without that crap.
LliasiAsbi (1 year ago) Show Hide
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Clearly, you have a hostility against marijuana..

How irrelevant.
blogegog (1 year ago) Show Hide
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Indeed I do! But I was just poking fun at him. I don't even know if he smokes weed. I'm just assuming he does because he talks about libertarianism so much.
FolkTheory (1 year ago) Show Hide
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this guy (Dr. Arnold Kling) was my statistics proffessor!
tekmatic38 (3 months ago) Show Hide
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dude are you serious?

tell me more. what school dude?
FolkTheory (3 months ago)
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blogegog (1 year ago) Show Hide
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Hell yes! What the bald guy said! Bald guy for president! Who cares that Reason Magazine is just a vehicle to get weed legalized. They occasionally get some very smart non-stoners for interviews, and this time they scored big.

No bailout. Not now. Not ever. Let the invisible hand work its magic. And quit smoking weed, Nick Gilespie.
XOmniverse (1 year ago) Show Hide
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He has copies of Snow Crash and Radicals for Capitalism. Awesome!
Nickelodeon2002 (1 year ago) Show Hide
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It's sad to see a "libertarian" encourage FDIC monitoring of banks....the government was what got us into the mess to start.

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