The Failures of the "Conservative Movement" (13)

Here's a good little essay on things in the market (especially the links) for those equally obsessed with trying to discern whether we are headed for Third World-dom.

I especially liked this:

I also find myself drawn to [adding] provisions [to the Paulson/Bernanke Plan] that would serve no useful purpose except to insult the industry, like requiring the CEOs, CFOs and the chair of the board of any entity that sells mortgage related securities to the Treasury Department to certify that they have completed an approved course in credit counseling. That is now required of consumers filing bankruptcy to make sure they feel properly humiliated for being head over heels in debt, although most lost control of their finances because of a serious illness in the family. That would just be petty and childish, and completely in character for me.