last myth of Republican competence exploded - again


And so the last myth of Republican competence has been exploded: I'm referring to the ability to accumulate on paper vast amounts of private wealth. I would have thought the world paroxysm of the 1930s would have been impressive enough, but Americans have no history, just those myths.

Although I once worked in that world, I wasn't really of it, and I knew enough to know what I didn't know. I used to think I'd never be able to say anything smart about the financial world, but the events of the past months, and especially the past few days, have strangely emboldened me, as I hope they have the entire country.

[image of Scott Adams strip via Don Monk]