To those who still don’t understand the politicogenic origins of economic instability, consider the following AP story concerning a court’s enjoining of a market transaction between Wells Fargo and Wachovia, . . . a transaction that might have contributed to a resolution of the current banking crisis: NEW YORK (AP) — The fight over control of Wachovia intensified Saturday, as a judge temporarily agreed to block the sale of the bank by Wells Fargo, Citigroup announced in a news release. State Supreme Court Justice Charles Ramos issued the order blocking the sale of Wachovia Corp., which Wells Fargo & Co. … Continue reading How the State Contributes to Banking Problems