No People can be bound to acknowledge and adore the invisible hand, which conducts the Affairs of men more than the People of the United States.
-- George Washington
Monday, October 13, 2008
What Caused the Bank Failures?
Instead of thinking, "hmm, I wonder if it's a good idea to rely so much on sub-prime mortgages?", Fannie Mae executives were painstakingly planning and executing the hilarious practical joke of covering an entire car in Post-It notes.