David Leonhardt (NY TImes, today, the Looting of Americas Coffers) has it right. If you dont yet understand how overwhelming greed led bankers and investment bankers to build a house of cards, walk away with bonuses based on performance that would lead to billions of write-offs of their own companies and not care, you must [...]
Sunday, March 1, 2009
Betting Against Obama I recently heard someone at the local YMCA say “I hope Obama fails.” Aghast that someone not too rich and insulated to work out at the Y would hold such an ignorant and selfish view, I began thinking of the reasons he might fail. One that stands out flows from the management [...]
Sunday, March 1, 2009
Republicans: Betting Against the Home Team If this were sports, the Republicans would be investigated by Congress in very public and very nasty hearings. But it is just politics and the Congress is held to a lower standard than the rest of us. OK, the Obama plan still has holes and blank spots. God is [...]
Tuesday, February 3, 2009
Better late than never: “Daschle withdraws as cabinet nominee (NYTimes.com, Feburary 3)” article by Jeff Zeleny. If there is one promise that candidate Obama made that matters above all else it is the promise to restore a modicum of integrity to Washington D.C. People have become cynical: “Everybody does it.” And they have been too [...]
Countless more ordinary people of equal talent never developed the leadership core required to run the show. Why not?
Wednesday, March 11, 2009
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