bobbyw24
02-15-2009, 04:54 PM
How the Government Caused the Financial Meltdown
Dear Fellow Conservative:
The media tell us that "deregulation" and "unfettered free markets" brought our nation to the brink of financial ruin.
That's nonsense. The real blame lies elsewhere...
In Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse, bestselling author Thomas E. Woods Jr. exposes the real causes behind the collapse of housing values and the stock market -- and it turns out the culprits reside more in Washington than on Wall Street.
And the trillions of dollars in federal bailouts? Our politicians' ham-handed attempts to fix the problems they themselves created will only make things much worse.
Now, for a limited time, HUMAN EVENTS is making Meltdown available to you absolutely FREE.
In Meltdown, Woods explains how government intervention in the economy -- from the Democratic hobby horse called Fannie Mae to affirmative action programs like the Community Redevelopment Act -- actually caused the housing bubble.
More important, he traces this most recent boom-and-bust -- and all such booms and busts of the past century -- right back to one of the most revered government institutions of all: the Federal Reserve System, which allows bureaucrats and politicians to control our financial sector and manipulate the value of the very money we use.
Meltdown also provides a timely history lesson to counter the current clamor for a "new New Deal." The Great Depression, Woods demonstrates, was as deep and as long as it was only because of the government interventions by Herbert Hoover (no free-market capitalist, despite what your high school history teacher may have taught you) and Franklin D. Roosevelt (no savior of the American economy, in spite of what the mainstream media and the academies say).
CLICK HERE to learn more -- and to get your FREE hardcover copy of Thomas Woods' Meltdown today.
Sincerely,
Thomas S. Winter
Editor in Chief, HUMAN EVENTS
Dear Fellow Conservative:
The media tell us that "deregulation" and "unfettered free markets" brought our nation to the brink of financial ruin.
That's nonsense. The real blame lies elsewhere...
In Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse, bestselling author Thomas E. Woods Jr. exposes the real causes behind the collapse of housing values and the stock market -- and it turns out the culprits reside more in Washington than on Wall Street.
And the trillions of dollars in federal bailouts? Our politicians' ham-handed attempts to fix the problems they themselves created will only make things much worse.
Now, for a limited time, HUMAN EVENTS is making Meltdown available to you absolutely FREE.
In Meltdown, Woods explains how government intervention in the economy -- from the Democratic hobby horse called Fannie Mae to affirmative action programs like the Community Redevelopment Act -- actually caused the housing bubble.
More important, he traces this most recent boom-and-bust -- and all such booms and busts of the past century -- right back to one of the most revered government institutions of all: the Federal Reserve System, which allows bureaucrats and politicians to control our financial sector and manipulate the value of the very money we use.
Meltdown also provides a timely history lesson to counter the current clamor for a "new New Deal." The Great Depression, Woods demonstrates, was as deep and as long as it was only because of the government interventions by Herbert Hoover (no free-market capitalist, despite what your high school history teacher may have taught you) and Franklin D. Roosevelt (no savior of the American economy, in spite of what the mainstream media and the academies say).
CLICK HERE to learn more -- and to get your FREE hardcover copy of Thomas Woods' Meltdown today.
Sincerely,
Thomas S. Winter
Editor in Chief, HUMAN EVENTS