Mike hits one so far out of the park that it can only be compared to an old Comiskey Park roofshot from the likes of Greg Luzinski. I can add nothing to it.
Michael Mandel handed glibertarians some first-class wanking material when he wrote a paper arguing that the real problem with the post-millennium economy has been…drum roll… too much regulation. Of course, common sense tells us that the banking/lending industries were, if anything, almost totally unregulated. But it's hard to dispute the hard facts, which Mr. Mandel happily provides:
Wow! Hard to argue with that. Unless, of course, one bothers to peer a little more deeply into those Dudley & Warren BEA numbers Mandel cites: