Defending $150 billion worth of unrelated tax benefits that Congress stuffed into the already $700 billion Wall Street bailout bill, Rep. Barney Frank (D-MA) told the International Herald Tribune: “If you don’t want politics in this process, you probably shouldn’t be handing it over to 535 politicians. That’s democracy.” We couldn’t have come up with a more succinct explanation for ending government intervention in the market if we tried. University of Chicago professor of law Richard Epstein elaborates for Forbes: Disasters like this latest financial meltdown don’t just happen. Mistakes …
