Mises Wire

House rejects the bill.

Note another thing that the bailouts represent: special privilege to particular market players to protect them from failure.

The market has been working for the last three years to correct for the housing bubble caused by the Federal Reserve.

One might hope that the massive public opposition to the bailout would sway conservative opinion against the bailout but no such luck.

So America is not content to be the World’s supercop in military matters.

I have two offensives to report in the Battle Against the Bailout.

No, unfortunately, the patent system is not dying. The title refers to deaths caused by the patent system.

And no, it’s not “impeach,” since that is “off the table.” House Speaker

New York Law School professor Beth Noveck, quoted in an

See this excellent posting by Robert Higgs, who has an eye for these things.