Friday, September 19, 2008

Speaking of things that make you sick...

There have been a lot of scary interventions in the recent past; this one might take the cake.

Banning short selling? Can we ban stocks from going down too? Why don't we just prevent companies from failing while we're at it? Oh wait...

Hat tip: TPS Clevelander Rob Holub

2 comments:

Dana said...

The last two days of haphazard regulation actually is making me physically ill. I can't even wrap my head around some of the shit they are trying to pass of as fixing the problem. Excuse me while I curl up in a little ball under my desk and play video games until this all passes (unless StarCraft II comes out - in which case, curl up in a little ball in front of my computer defending myself against Matt's zerg rushes).

Justin M Ross said...

My favorite is Lawrence White describing this as "breaking the thermometer because you can't stand the cold."
http://divisionoflabour.com/archives/005135.php