Here's an addendum to our earlier post.
It's from davidstockmanscontracorner.com and it highlights what's wrong with the Fed, too much not more micro management, a clear interference with market forces that will not allow, if left untrammeled, for bureaucrats to repair broken furniture whether it belongs to Wall Street or GM.
That's was free markets do.
http://davidstockmanscontracorner.com/the-complete-idiocy-of-professor-john-taylor-statist-economics-in-conservative-garb
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