Cowboy @ 99: Accordingly, blert’s inspired me to tilt against a favored windmill again, when he says, “The number one source of our bloated ‘do-better’ class is unlimited funding.” Folks, this source is the Federal Reserve.

Yes, but we got on OK with it pretty much through 2008 … or maybe 2001 … or maybe 1991, those two older dates when Greenspan held interest rates below inflation causing bubbles. Only as of September 2008 or so, when Paulson went to Congress to ask for $770b, and in 2009 when Bernanke and co went nuts printing money at unprecedented speed, did the evil influences that you see, really take form. And really, even now have they taken form? Hard to say.

So, perhaps the Fed as such is not evil – though it ought to be opened up to daylight. Y’know, Federal Reserves don’t kill people, people kill people.