“I’ve always believed that America’s government was a unique political system — one designed by geniuses so that it could be run by idiots. I was wrong. No system can be smart enough to survive this level of incompetence and recklessness by the people charged to run it."
Thomas Friedman, NY Times
Wait, it gets worse (post on my blog).
ReplyDeleteA New York Times article from 1999 that predicts Fannie Mae will have to get bailed out eventually... and predicts something worse than the S&L crisis.
In 1999! They knew then and did it anyways...
It's a shame Friedman is one of the idiots. He's just annoyed they aren't following the Friedman Plan.
ReplyDeleteNick
The US had a set of rules to follow - the constitution. If they aren't being followed, no wonder it's not working.
ReplyDelete