You read correctly! The Conspiracy is working hard to point out the long-term economic disaster that will be the gubment (ie taxpayer) bailout of mortgage houses and investment firms over leveraged off of the mortgage securities.

As a result, it was a nice surprise to discover that Harvard economist Jeffrey Miron has written a very good piece for CNN.com in which he spells out the key free market arguments against the bailout. We knew Miron was at Harvard, and it's a treat to read his good stuff!