Tax Update Blog: Permalink

« Previous · Tax Update Blog Home · Next »

Larry and Tim's plan to regulate summer camp

June 18, 2009

Arnold Kling brilliantly summarizes the new financial regulatory proposals. He begins:

Once upon a time, there was a summer camp. To entertain the kids, the counselors handed out matches, lighter fluid, and newspapers. The camp burned down.

Afterwards, a white paper was written, proposing more supervision by counselors.

Mr. Kling's post isn't too big to fail, but it is too good to not read.

      Bookmark: del.icio.us • Digg • reddit