Constrain the Federal Reserve's over-expansionary proclivities, writes Jerry O'Driscoll in today's Wall St. Journal. How? Impose a commodity standard, which will automatically stop the Fed from following a policy course that inflates asset prices.

ADDENDUM: Walker Todd sounds a similar theme in the Christian Science Monitor today. The intro:

Too much credit and easy money. Those were the biggest culprits behind this financial crisis. Yet, apallingly, the government's rescue attempt is built on more credit and even easier money. That's like giving a procrastinator a deadline extension.