1 Boring Old Man

This is an amazing article! The author parses the various forces in the financial meltdown and concludes convincingly that it was the unregulated Derivatives Market and its abuse that was at the center of the storm.  He then has a really sensible idea about what to do about it – get the money back from the people who stole it. What a concept! It’s a worthy read.

An Historic Defining Moment
by Turkana

1. Paul Krugman says President Obama is not being aggressive enough, in trying to repair the economy. Disturbingly so.
2. The supposed fix of the financial system is a sham. Mary already linked this important Village Voice article. At Daily Kos, diarist bobswern also weighed in.
3. In a truly extraordinary post, dday makes a compelling case that the real answer may lie in that which is unspeakable. Barbara Ehrenreich concurs.
4. In an also extraordinary post, my friend the Moonbat elucidates the real danger.