Tuesday, March 18, 2008

Kling Approves of Fed Action

Kling Agrees:
"I approve of what the Fed is doing. But looking at government as whole, I would say it is like a 10-year-old boy rescuing an old woman from a fire that the boy started in the first place. For most of the past year, the goal of the political class has been to keep unqualified buyers in homes as long as possible."
The ten-year-old boy part is a nice touch.

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