Friday, March 06, 2009

Built on Lies

Krauthammer hits the nail on the head with his latest piece. I especially enjoy the following:

"The list is long. But the list of causes of the collapse of the financial system does not include the absence of universal health care, let alone of computerized medical records. Nor the absence of an industry-killing cap-and-trade carbon levy. Nor the lack of college graduates. Indeed, one could perversely make the case that, if anything, the proliferation of overeducated, Gucci-wearing, smart-ass MBAs inventing ever more sophisticated and opaque mathematical models and debt instruments helped get us into this credit catastrophe in the first place."

The usual H/T: Matt

3 comments:

Dumb Ox said...

Krautheimer has a great sense of humor and right on political sense.

He once explained that Conservatives think Liberals are frequently well-intentioned, just a bit dumb. Whereas Liberals think Conservatives are just plain evil.

Keep the faith!

Cappy said...

With liberals, the econony is only a flimsy excuse to install their agenda.

Tex said...

hmm, back to burying my gold under the mattress.