Friday, October 21, 2011

Alec Baldwin is right

Recommended viewing: Alec Baldwin defending capital markets, and declining to endorse "End the Fed."

Found via David Frum's "Alec Baldwin Is Not Worthless."

I would add two things:

1. The protestors' claim that the Fed is "a private bank" is phony baloney, albeit of a type that appeals to the appetites of both Occupy Wall Street and Ron Paul's followers (the latter seem to be dominant among the cluster of people talking to Baldwin).

2. How did we get to a point where Alec Baldwin makes a more convincing defense of capitalism than GOP leaders typically do?

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