A depression is a recession that the government tries to fix

March 29th, 2009 1:38 am  |  by Marc Gallagher  |  Published in Big Government, Constitution, Economics, Federal Reserve, Free Market, Individual Responsibility, Liberty, Market Regulation, Taxes, Thomas Woods, government spending  |  0

The headline is a quote from Grover Norquist delivered during an appearance on Fox Business News discussing the vanishing American Dream.

Norquist appeared with Tom Woods, author of one of the best books I’ve read this year, “Meltdown“, and Ben Ferguson. All three had some harsh words for the Obama administration and support for the free market.

Woods uses his time wisely by attacking the Federal Reserve and plugging Ron Paul’s HR1207 (Fed Transparency Act). I’m curious if someone bet Woods that he couldn’t use the words “boob” and “discombobulated” during this interview. Tom won that bet. Watch the discussion below.

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Watch Part 2 here.

(Thanks to Minnesota Chris for the videos)

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