Wednesday, May 27, 2009

Barney Frank VS The Truth

Two of my favorite writers team up in one article when Walter Williams reviews Thomas Sowell’s new book, The Housing Boom and Bust. The review and the book both explore the causes of the housing crisis we face today. Unlike Barney Frank’s bald face lie, the problem was not lack of regulation, but legislative interference with established and reasonable financial regulations. Unfortunately the US public seems to accept Frank's false history that shields recalcitrant legislators (especially Frank himself) and their follies from facing the consequences of their actions. Every citizen needs to read the review and the book. We will lose all of our freedoms if we leave the foxes in charge of the hen house, i.e., allow the current politicians to run our country without serious oversight on our part. The price of liberty is eternal vigilance against all enemies, domestic and foreign.

No comments: