12.14.2009

How the Greenspan stole Christmas

WSJ:
As a longtime Santa Claus at a suburban Chicago mall, Rod Riemersma used to jokingly tell children they would get socks for Christmas if they were naughty.

This year, he stopped telling the joke. Too many children were asking for socks.

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Quotations from Chairman Varones

 Inflation is progressive utopians encountering resource constraints for the first time.