Tuesday, February 09, 2010

Wasting A Crisis

Republicans and the Populist Temptation - WSJ.com: "...Since then the market rally has tracked the demise, one by one, of all these initiatives, because investors could see that a political environment that had been far out of equilibrium was quickly finding its balance. Republicans stayed unified in their opposition, while in every case key Democrats lost their nerve.

Since the stimulus, precisely nothing has been accomplished by the Obama administration or the Democratic Congress. The good crisis went to waste, and stocks soared..."

And the suffering of the people continued, unabated by the riches of the rich.

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