Ultimately, that's the truth of the economy. It's all trust. And when trust fails, things get really ugly. We supposedly had private financial institutions like AIG to back our economy. That's what conservatives always said, private finance can always save us, right? It turns out that that concept was merely a sham. AIG and the other private insurers of our financial world were just paper tigers. They simply couldn't do the job the government used to do in a responsible manner. We can still trust the government, but we obviously cannot trust the private managers of money. AIG makes that point quite clear. But it's not just AIG, our desire to deregulate these businesses created de facto ponzi schemes, and we knew it when we passed the law. And yes, Clinton deserves his scorn for not vetoing the law. But can the Republicans at least admit that it was their law that Clinton didn't veto? They are now claiming that they hold no responsibility for the very laws they enacted. How's that work? Clinton certainly deserves some serious scorn here, but Phil Gramm deserves the guillotine. Clinton was a pussy for not stopping Gramm's antics. But Gramm wanted to use Republican philosophy to rape our economy, and he did it. But Clinton watched, so he's culpable of conspiracy.

As for you, I find it quite strange that you didn't rail against the philosophy that got us into this mess. Oh yeah, you thought it would work. Lay off your Ayn Rand novels and at least move up to comic books.