Friday, March 20, 2009

Lack of leadership? Just a bit.....

Charles Krauthammer - Bonfire of the Trivialities:
"It is time for the president to state the obvious: This recession is not caused by excessive executive compensation in government-controlled companies. The economy has been sinking because of a lack of credit, stemming from a general lack of confidence, stemming from the lack of a plan to detoxify the major lending institutions, mainly the banks, which, to paraphrase Willie Sutton, is where the money used to be."

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