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	<title>Rebel Yid - Ideas beyond the left/right, red/blue, and liberal/conservative thinking &#187; Laissez-faire</title>
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		<title>The Myth of Laissez Faire</title>
		<link>http://www.rebelyid.com/2009/12/the-myth-of-laissez-faire/</link>
		<comments>http://www.rebelyid.com/2009/12/the-myth-of-laissez-faire/#comments</comments>
		<pubDate>Tue, 29 Dec 2009 09:00:55 +0000</pubDate>
		<dc:creator>Henry Oliner</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[credit rating]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[FDIC]]></category>
		<category><![CDATA[Financial Fiasco]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[Investments]]></category>
		<category><![CDATA[John Norberg]]></category>
		<category><![CDATA[Jonah Norberg]]></category>
		<category><![CDATA[Laissez-faire]]></category>
		<category><![CDATA[Wall Street]]></category>

		<guid isPermaLink="false">http://rebelyid.goroundhost.com/?p=2365</guid>
		<description><![CDATA[
The quasi-governmental institutions Fannie Mae and Freddie Mac guaranteed  mortgages, which Wall Street happily securitized once the credit rating agencies- which had been given a legally protected oligopoly by the government-declared them to be safe investments.  Government owned banks and municipalities across the world bought mortgage- backed securities like never before.
The central position of Fannie [...]]]></description>
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		<title>“Laissez-nous Faire!”</title>
		<link>http://www.rebelyid.com/2009/11/2289/</link>
		<comments>http://www.rebelyid.com/2009/11/2289/#comments</comments>
		<pubDate>Sat, 21 Nov 2009 09:00:46 +0000</pubDate>
		<dc:creator>Henry Oliner</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Ayn Rand]]></category>
		<category><![CDATA[Colbert]]></category>
		<category><![CDATA[Laissez-faire]]></category>
		<category><![CDATA[Louis XIV]]></category>

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Adam Summers from the Reason Foundation writes in the Wall Street Journal, &#8220;Ayn Rand and the Economic Crisis&#8221;.  Read the entire article here.
Adam shares Rand&#8217;s thoughts on the economic crisis of 1962. She cast suspicion on both the motives and effectiveness of the government attempting to stimulate the economy.
Rand referred to the history of Louis [...]]]></description>
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