"In 1982, the Dow Jones Industrial Average stood at 700. That’s seven hundred. Over the next 25 years, the engine of democratic capitalism went into overdrive. There were hiccups and recessionary spells–in 1987, remember, the market lost some 25 percent of its value in one day–but from 1987 to the day before yesterday we saw the greatest, and longest, period of sustained economic growth in history.

The current pandemonium on the Wall Streets of the world is not due to a failure of the free market. It is due to a failure to observe the rules of the free market."

http://pajamasmedia.com/rogerkimball...of-capitalism/

There, once again I educated the great unwashed of Soonet.

And, as usual, free of charge