Over at the Wall Street Journal, Barry Ritholtz, the blogger who publishes the economics blog entitled, “The Big Picture,” talks about the risks of a government bailout of large, failing financial firms.
This has been an odd election year, with unexpected winners and losers along the way. We’ve still six weeks’ worth of possible surprises ahead.
It is a sad end to the current Administration that it leaves its nation and party downcast and frustrated. George W. Bush has done more to squander the positive accomplishments of Goldwater and Reagan than any Republican of our time. Only Nixon equals Bush in fiscal failure, interference with individual liberties, and political disarray. Bush leaves his party with no one who can confidently reject government meddling. He has assured his fellow citizens only diminished opportunities in a society where government is more important than ever before.