In re the financial crisis: Brummett invokes Reagan's famous line as the government, once again, provides the solution for private sector failures.
Maybe the Dems, as a condition of voting for the bailout, should insist on restoration of the tax cuts that primarily benefitted the masters of the universe who brought us this disaster.
ALSO: Krugman is skeptical of the work-out plan and I trust him more than the Bush administration. Those being saved give nothing back, for one thing.
ALSO: Goldman Sachs and Morgan Stanley join the changeover.