There are some who think that Barney Frank has been part of the problem.
pogge | Homepage | 11.16.08 - 8:07 am | #

Great post. 2-3 years ago, Naomi gave the Massey Lecture on CBC 1 about the neo-con cluster-f*** in Iraq, that was amazing to listen to. Love that woman.
Ed Stockelbach | Homepage | 11.16.08 - 9:47 am | #

I love the Jefferson quote...
Mike | Homepage | 11.16.08 - 5:38 pm | #

Thanks, Pogge, I didn't know that.
Actually I know sweet fanny adams about any of this bail-out business but there's definitely something amiss when it's left up to the corpse to write its own smell test.
Alison | Homepage | 11.16.08 - 8:14 pm | #

The US Fed printing money and controlling the supply of legal tender has been the crux of economic issues for a long time. I sure hope this gets more attention.
Mike | Homepage | 11.17.08 - 12:47 pm | #

Er, Mike, it's been the crux of economic issues for right-wing (economic) hacks, goldbugs, and people who have little clue about how a modern bourgeois economy works.

Would you rather have the banks print their own notes as was done back in the 19th century when panics were de rigeur for the US?
Todd | 11.17.08 - 1:39 pm | #