Sun, 08 May 2005

Walter Block on Walmart and Banking

Liberty Guys points us to a clip from CNBC in which Walter Block, Austrian economist, smacks down a congressman and a banking trade group representative who are whining about Walmart wanting to get into the banking industry. Good stuff.

My local Walmart has a Mexican bank in it for some reason, next to the McDonald's.

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The state is that great fiction by which everyone tries to live at the expense of everyone else. - Frederic Bastiat