Friday, September 05, 2008

Three Very Simple Questions

Q. Why is virtually no one (candidates, newspapers, newscasters, bloggers, magazines) talking anymore about the real estate ("subprime" mortgage = multiple-party greed) crisis and its ripple effect on the whole economy?

Q. As with the savings and loan debacle twenty years ago, is it because the topic is considered too complicated, not sexy enough?

Q. Why aren't the Democrats seizing upon this as an utterly classic and delicious example of the need for government regulatory oversight, which in the heyday of so-called conservative so-called deregulation has all but vanished without a whisper?

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