Although the economic pain that is being inflicted on Russia and the ex-tigers is out of all proportion to the policy errors of their governments, the fact remains that the vulnerability to financial crisis was created not by international speculators and other bogeymen but by woefully inadequate oversight of domestic finance, private, public and quasi-public.

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It has not been nearly enough, but it is simply a matter of fact, according to the statistics provided by the BLS, that we have now created over or close to 2.5 million private sector jobs in the last however many months.

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In fact, many of the entities created by Thornwater and Sky Capital fed money to run the brokerage firm through loans that were never repaid.

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What EMTALA has predictably created is a situation in which emergency care has become viewed as a right to be provided by healthcare facilities irrespective of the fact that to do so nullifies the rights of providers.

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