Monday, February 23, 2009
A Truth We'll Have to Accept
David Brooks' piece (who I have posted in the past) deals with an important point. However, unfortunate, it appears that we have to get beyond the idea of bailing out Wall Street idiots. David's piece that essentially admits that we are all in this together is a rebuttal in some ways to Rick Santelli on CNBC Thursday and the Gibbs comments that followed. I think Brooks (a big government conservative) understands that in a perfect world Wall Street would be punished...however, if it were a perfect world we wouldn't have fraudulent I/O strip valuations and investment ponzi schemes...
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