nmap,
An article I thought you might interest you.
I am becoming less inclined to back the “bailout package”
SnT
If he were to rise from the dead today, Marx might be delighted to discover that most economists and financial commentators, including many who claim to favour the free market, agree with him.
At first glance, anyone who understands economics can see that there is something wrong with this picture. The taxes that will need to be levied to finance this package may keep some firms alive, but they will siphon off capital, kill jobs and make businesses less productive elsewhere. Increasing the money supply is no different.
It is an invisible tax that redistributes resources to debtors and those who made unwise investments.
http://network.nationalpost.com/np/b...-comeback.aspx