As the monster continued to wreak havok on both Main and Wall Street, everyone was looking for someone to blame in the wake of the failure to pass the $700 billion bailout package. First up, the leadership in the House is being blamed, partly for a lack of leadership and partly for not taking the fiscal crisis seriously enough. Next up is the media. Did the media in general, and the business media in particular, drop the ball and fail to clearly explain both the mess and the bailout bill that was meant to clean it up? But the voters have made their own decision on whom to blame: the GOP and the Gentleman from Arizona (and the horse he rode into Washington on). It seems his scheme to play the hero has backfired on his campaign. It seems the only one to gotten in right was faux pundit Stephen Colbert, having offered a pitch perfect description of Cthulunomics.
Tuesday, September 30, 2008
A category 5 blamestorm
As the monster continued to wreak havok on both Main and Wall Street, everyone was looking for someone to blame in the wake of the failure to pass the $700 billion bailout package. First up, the leadership in the House is being blamed, partly for a lack of leadership and partly for not taking the fiscal crisis seriously enough. Next up is the media. Did the media in general, and the business media in particular, drop the ball and fail to clearly explain both the mess and the bailout bill that was meant to clean it up? But the voters have made their own decision on whom to blame: the GOP and the Gentleman from Arizona (and the horse he rode into Washington on). It seems his scheme to play the hero has backfired on his campaign. It seems the only one to gotten in right was faux pundit Stephen Colbert, having offered a pitch perfect description of Cthulunomics.
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