Other points from the interview:
I suppose a more interesting program would be to identify things that the government does intelligently and effectively.
P.S. According to Greek mythology, anything Midas touched turned into gold. But since the fable also says that this blessing turned into a curse, perhaps this post should have been titled the “The Midas Touch of Government” rather than “The Reverse Midas Touch of Government.” But since I’m already trying to restore the good name of Robin Hood, I’m going to leave it to others to decide how to characterize Midas.
Hussman's Open Letter to the Fed; The Problem with Bubbles; Textbook Pre-Crash Bubble; Reflections on Not Chasing Bubbles; Integrity vs. Respect | Mike Shedlock