Friday, November 27, 2009


WSJ Catches Up to Murphy

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.

What strikes me upon viewing the video was how Sorkin calls Geitner "Tim". It is clear or me they are buddies and I think he is a Geitner apologist.
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