Almost the right G word
While gays didn't bring down Wall Street, another g-word did (I'm sure fundamentalists are familiar with this term as well): Greed.
The problem with capitalism and a free market is that it takes care of everything, but only when human nature and compulsions toward greediness don't intercede. Thing is, they do.
Let's be real here. Nobody can take credit for blowing the whistle on this--neither Republicans nor Democrats--because both parties were along for the ride so long as the getting was good. And we all knew that making oodles of sub-prime loans to people who either A) really couldn't afford a house, or B) opted for more house than they could realistically afford was a bad idea, and that it was all going to catch-up and bite us in the collective ass eventually.
So, here we are. Life is going to be difficult for a while, since acquiring discipline is never as much fun as getting away with something. Hopefully, though, we'll learn from this.
I like the people who think that God steered the economy into the ditch to teach us a lesson. It really puts ignorance of how an economy works front-and-center--right out there--rather than making people dig for proof that someone is a demagogue and an idiot.
