Wednesday, February 09, 2011

Excellent article: how policy will drive up energy prices

Time Magazine recently published an article about Thomas Hoenig (a recently retired Federal Reserve 10th district president) and his perspective of the ruinous path we are on. "The Man who said no to easy money" said it best: ""We don't have a market economy now. I hate to use this term, but it's almost crony capitalism--who you know, how big your political donation is."