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Stop the Insanity
Glenn Schorr, UBS

I can’t think of any precedent, at least in America, for the blizzard of lies since the Republican convention.
Krugman

We are all Ketchikans
We are all Georgians

The Bridge to Nowhere argument isn’t going much of anywhere
WSJ

With each passing month, America is looking more and more Japanese.
Krugman

Until we have an idea of what’s going on in the minds of other people, it doesn’t make sense to say that we have the concept of objecitivity.
Davidson, page 50

This rarely observed systematic debt liquidation is what confronts the U.S. and perhaps even the global financial system at the current time.
Bill Gross

NY Governor David Patterson recently commented that state economists’ projections suggest that overall, Wall Street bonuses could fall 30% to 40% this year.

Let us assume the financial system blows up.
Marc Faber

voters simply—and simple-mindedly—rewarded whoever happened to be in power when things got better.
Bartels

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