If Europe’s Example Is Any Guide, Here

There Is No Economic Policy. That's Really Important To Say. The General Modus Operandi Of The Bushies Is That They Don't Make Policies To Deal With Problems. They Use Problems To Justify Things They Wanted To Do Anyway. So There Is No Policy To Deal With The Lack Of Jobs. There Really Isn't Even A Policy To Deal With Terrorism. It's All About How Can We Spin What's Happening Out There To Do What We Want To Do.

A Snarky But Accurate Description Of Monetary Policy Over The Past Five Years Is That The Federal Reserve Successfully Replaced The Technology Bubble With A Housing Bubble

When Depression Economics Prevails, The Usual Rules Of Economic Policy No Longer Apply: Virtue Becomes Vice, Caution Is Risky And Prudence Is Folly.

Wealthy Individuals Bought Themselves A Radical Right Party, Believing - Correctly - That It Would Cut Their Taxes And Remove Regulations, But Failed To Realize That Eventually The Craziness Would Take On A Life Of Its Own, And That The Monster They Created Would Turn On Its Creators As Well As The Little People.

Close The Weak Banks And Impose Serious Capital Requirements On The Strong Ones...you See, It May Sound Hard-hearted, But You Cannot Keep Unsound Financial Institutions Operating Simply Because They Provide Jobs.