On Sun, Oct 19, 2008 at 12:32 PM, Sean Andrews <[EMAIL PROTECTED]> wrote:

> An alternate thesis is that past bailouts encouraged investors to behave
> recklessly in anticipation of a taxpayer rescue.
>

Is this a specifically libertarian position? Wasn't it the great Maestro
himself who invented the free Fed put?
-raghu.

--
"I busted a mirror and got seven years bad luck, but my lawyer says he can
get me five."
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