False foreclosures and the free market

posted by
December 29, 2010
Foundation for Economic Education
by William L. Anderson  
Posted in Commentary

"We can understand how governments will do these things, even if that understanding is based on a very dark view of government, but we have to remember that financial institutions in this country basically have become yet another arm of the State. Along with the billions in bailout money came new regulations and more government 'oversight' that in effect has turned the banks and financial houses into de facto government bureaucracies." (12/29/10)



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