“It is the intersection of several underlying trends that have brought us to this point, not a breakdown in any specific part of the financial sector.” Michael Flynn looks at the underlying reasons for the current Wall Street crisis.
www.reason.com
Tag Archives: fail
The Legacy
“It would have been nice to let Bush’s two terms marinate a while before invoking Herbert Hoover and James Buchanan from the cellar of worst presidents. But then—over the last two weeks—he completed the trilogy of national disasters that will be with us for a generation or more.” Timothy Egan assesses the Bush Presidency.
egan.blogs.nytimes.com