From Thomas Woods...
Sometimes I wish our overlords would get their stories straight. First, Alan Greenspan – whom the New York Times once described, in its typical toadying, totalitarian fashion, as "the infallible maestro of our financial system" – told us it was impossible to tell if a bubble existed at any given time. Now we have Barack Obama insisting that not only can we detect bubbles, but we can also deflate them with sufficient dispatch to prevent them from causing any serious economic disturbances.
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