27 Nov 2009

WSJ Catches Up to Murphy

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George Melloan points out that interventions into the financial sector have squeezed lending to small businesses and other non-politically-connected businesses. (HT2JOD) You heard it from me first on Kudlow’s show, where I was dismissed as a crank (not by Kudlow). Thanks to the eagle-eyed von Pepe for digging up the CNBC video, as the YouTube has been taken down.

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