Wednesday, February 11, 2015

The Perils of a Parasite Economy

-Mike Finger
John Stossel and Peter Schiff discussed why the bailout of the big banks during the 2008 financial crisis simply laid the groundwork for a more severe economic calamity. If the free market were allowed to function, short-term economic pain would be overcome by a more fundamentally sound and independent economy. Unfortunately, Peter observes that the United States seems committed to behaving like an irresponsible banana republic.