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Guess Again

November 17, 2008

Are you getting a little dizzy? I think Hank Paulson was sober at his little press conference but I could be mistaken. Sober or stoned, it doesn’t really matter. He will hold another press conference as soon as he hears another ‘solution.’ The ‘Smartest Man in Washington’ has changed his mind again. Of course that […]

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The Worst is Yet to Come

November 5, 2008

We’ve been sitting around stunned by the financial crisis. What to do? We don’t trust the experts, and rightly so. They lurch from one answer to another. There is little confidence that they are doing anything more than thrashing around, grasping at straws. Actually, since their starting point is their religious belief in a simplistic […]

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Greenspan Shrugged

October 24, 2008

Old Alan is quoted as saying, “I still do not fully understand why it happened.” Really? Oh, how the mighty have fallen. Poor old Alan, formerly the architect of America’s prosperity, is now the fall guy. There he was being grilled by Representative Henry Waxman and his crew. There he was being treated as just […]

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Get Real

September 24, 2008

Well, here comes another defense of the indefensible. No. Not from me. It is the subject, the target of my post. I wish I could remember when I first found the limits, the real limits of ideology. Was it difficult? Since I did it so long ago, it probably wasn’t that deeply ingrained. I imagine […]

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