If you're a believer in the Larry Kudlow creed, that "free-market capitalism is the best path to prosperity," then look out, because George Soros is going to make you cringe.
A May 13 USA Today article by David J. Lynch profiled the Hungarian billionaire who said he sees traditional free market theory as "flawed."
"Of course, real life never matches up exactly with the theory's assumptions. But they represent, economists say, a useful way of making sense of a complex world," Lynch wrote.
"To Soros, the conventional approach is rubbish. Instead of a world of near-identical actors, coolly assessing their economic interests and acting with clear-eyed precision, he sees a world (and markets) governed by passion, bias and self-reinforcing errors," Lynch wrote. "Because fallible human beings are both involved in, and trying to make sense of, this world, they inevitably make mistakes. Those mistakes then feed on themselves in ‘reflexive' ways that, when taken to extremes, result in situations such as the now-deflating U.S. housing bubble."












There is a
When you're a Clintonite, you're a Clintonite all the way.
Rachel Sklar of The Huffington Post interviewed Dan Rather, which is not a real surprise, since she’s been
ABC generously offered the Democrats a gift that the Republicans were not given in this electoral cycle – a two-hour debate, in prime time, on a weeknight. Not only that, it was hosted by former Democratic aide George Stephanopoulos and Charlie Gibson. Left-wing bloggers promptly greeted this gift by smacking ABC in the mouth. Like an abused spouse, ABC responded by repeating all the leftist complaints on its airwaves and supinely saluting the impressive dexterity of the Obama campaign.
Update (16:54): Schroeder Mullins added links to our videos on EyeBlast.tv. The old Politico had a dead link to our livecast from last evening. She also corrected the error about last night's function being the 20th anniversary. MRC is in its 21st year.
Reuters
I guess we shouldn't expect any sense of decorum from Kossacks, but it is pretty lame that they had to
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