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Spooks are great investors!

March 3, 2004
Today's story on the CIA investing in start-ups in USA Today is frustrating. The worshipful tone of the article betrays no hint of the regular failure of gov't directed investing in the market, any knowledge of the problems with socialist calculation, any concern for the technology market being directed by gov't spies... Did the 20th century happen or did I just imagine it?

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