Thursday, February 21, 2008

Time for Wall Street to Pay

Steven Pearlstein is gloating that Wall Street is having financial difficulties. Well that isn't too unusual, many of us are not unhappy to see Wall Street be taken down a peg or two. But Pearlstein is happy not because WS made mistakes that the MARKET is correcting, but because he hopes it will lead to more regulation to "protect" us and main street from the evils of WS.

Who is Pearlstein? Well he is a business columnist for the Washington Post who has just proven he is ignorant of the subject he covers and doesn't understand Markets, Capitalism or what personal freedom is and means.

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