In response to:

The Brass Standard

chris73 Wrote: Sep 13, 2012 10:15 AM
Mr. Sowell I read your book The Housing Boom and Bust. I got a brutal education on the stupidity and forcefulness of government. In addition, I was appalled at how everything is frame under "race" then as it is now. I just don't see this nation going forward, if we continue governing in this manner.
Tim341 Wrote: Sep 13, 2012 12:33 PM
Right, we will keep going Barackward if this continues.
tibby2 Wrote: Sep 13, 2012 11:11 AM
One of the best things you can do is to read more of Sowell's books. It will benefit also to read his memoir, " A Personal Odyssey". You'll understand where Sowell is coming from, both literally and figuratively.

Politics takes a lot of brass. And Bill Clinton is a master politician. His rousing speech at the Democrats' convention told the delegates that Republicans "want to go back to the same old policies that got us into trouble in the first place."

That is world class brass. Bill Clinton's own administration, more than any other, promoted an unsustainable housing boom, which eventually and inevitably led to a housing bust that brought down the whole American economy.

Behind all the complex financial processes that reached to Wall Street and beyond, there is one fundamental fact: many people stopped making...