“We still don’t know where the bottom is”

HT: Crooks & Liars

Mort Zuckerman talking about the Fannie and Freddie Mac bailout.



The bank deregulation fallout (which G.Brown may have had a hand in). Been there, done that?

Here's the legacy for the grandkiddies: disastrous climate change and massive debt. Could we be more selfish?

‘The modern conservative is engaged in one of man’s oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness.’
John Kenneth Galbraith