Author: John Mark

@claynewton federal reserve operates outside the purview of the exec. branch. fed res is not a central bank per se but a govt-private hybrid

see 1999 nyt article - http://tinyurl.com/nytffmm "If they fail, the government will have to step up and bail them out.." - Wallison, AEI

today is 9yr anniversary of the NYT headline "Fannie Mae Eases Credit To Aid Mortgage Lending" - wonder if there will be a party?

@jzb @irabinovitch I've been using google apps for johnmark.org for over 2 years. was originally a stop-gap, but I've no desire to go back.

@DaveTaylor SW:ESB!!! What do I win???

Tell Bush to veto the RIAA/MPAA Bill http://tinyurl.com/5x3l2a (via @irabinovitch)

@webmink but when you buy into an ideology, pragmatism goes out the window

@webmink and of course, there are plenty of examples in history of the government directly stepping in and enabling economic growth

@webmink at some point, partisan republicans decided to label any govt program as "socialist" as a ploy to prevent widespread appeal

@rossturk really good point - "the result of a revolution"