Saturday, July 16, 2011

THE MORALITY OF ECONOMIC CONSERVATIVES

Short version: It could fit in a shot glass, but you knew that.

Remember the Financial Crisis Inquiry Commission, the one that was supposed to get to the bottom of the mortgage mess?  Well, it had one member from the AEI, Peter Wallison, who was simply there to support the Free Market Fairy agenda.  Mike Rorty has some of his emails to other commissioners that show he was extremely biased and this one is perhaps the most damaging:
…on November 3, 2010, the day after the mid-term congressional elections in
which Republicans took control of the House, Republican Commissioner Peter Wallison emailed Republican Commissioner Douglas Holtz-Eakin: “It’s very important, I think, that what we say in our separate statements not undermine the ability of the new House GOP to modify or repeal Dodd-Frank.”

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