16 Mar. 2008

Nobody Could Have Predicted The US Economic Meltdown

My Goat Ate the Economy:
Every cocky corporate titan who has been caught in flagrante delicto has been written off by Republicans as an isolated exception. Every ingenious, computer-assisted Ponzi scheme has turned out, Milton Freedman be praised, to be legal. Ken Lay and Jeffrey Skilling? A couple of bad apples. Pump and dump? In the eye of the beholder. Slice-and-dice derivatives? As patriotic as a flag lapel pin.