The Goldman Sachs Economy

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Just as Goldman Sachser Timothy Geithner is replacing GS’er Henry Paulson as Treasury Secretary, GS’er William Dudley is replacing Geither as head of the NY Fed. As Murray Rothbard showed, this is part of a long tradition: investment banksters have always promoted state criminality to enrich themselves. (Thanks to Mark Fee.)

8:35 am on January 28, 2009