It was a very deep depression, as deep as the one that succeeded in 1929. But in this case, the government did not intervene, and it was over in less than two years. Was this a coincidence? Grant does not think it was. He believes, as this writer does, that present government interventions have deepened our current economic malaise and are retarding a full recovery.
The Germanwings story is mutating with incredible speed. At first we were assured by the company that young co-pilot Andreas Lubitz, who evidently crashed the plane on purpose and killed 150 people, was “100% fit to fly,” with no physical or mental problems whatsoever. Then we were told Lubitz took an extended break from pilot training for counseling to deal with “burnout” and emotional stress, but that was back in 2008, so it wasn’t necessarily relevant to his behavior this week.
A Washington State mother of three has been charged with attempted murder after she allegedly tried to silence her three children—a two-year-old and two six-month-old twin babies—by slashing their throats with a kitchen knife.
