The last time Chicken Little (the banking interests) claimed the sky was falling was when Allen Greenspan, Ben Bernanke, Hank Paulson, and Tim Geithner made the claim in 2008 to President George Bush and Congress that because the sub-prime mortgage bubble had burst the taxpayers would have to bailout the banks or the whole […]Read more "The next time Chicken Little claims the sky is falling, the sky will be falling!"
History is rife with the failure of central planning. Yet the political elites and the central banking elites refuse to believe that free work better than what they can design. Central planning, by its nature, involves picking winners and losers. And, it’s no surprise to the readers of Asylum Watch that the losers are rarely […]Read more "The High Cost of Central Planning"