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<title>William Shipman (Author at The Cato Institute)</title>
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The Cato Institute seeks to broaden the parameters of public policy debate to allow consideration of the traditional American principles of limited government, individual liberty, free markets and peace. Toward that goal, the Institute strives to achieve greater involvement of the intelligent, concerned lay public in questions of policy and the proper role of government.
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				<title>Meltdown Was Perfect Stress Test For Market-Based Pension Reform (Commentary)</title>
				<link>http://www.cato.org/pub_display.php?pub_id=10195</link>
				<description><![CDATA[We learned a few lessons in 2008.

First, markets can decline dramatically everywhere, and all at the same time. Not just stocks, but bonds, commodities, real estate, you name it.

Second, a leveraged economy is an ugly thing when the music stops.

Third, government amplifies the ugliness by p...]]></description>
				<pubDate>Tue, 12 May 2009 00:00:00 EDT</pubDate>
				<guid>http://www.cato.org/pub_display.php?pub_id=10195</guid>
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