NPR has a good piece on the history behind the current financial mess. It tries to answer the question "What could these people have been thinking?" Unfortunately, the answer seems to be, "They weren't." It's almost an hour long, but probably one of the better uses of an hour.
And an article on Pajamas Media that tries to look at what comes next. I think it is far too optimistic, at least in the next 3-5 years. Innovation is a wonderful thing, but it needs the proper regulatory and fiscal environment. Which we no longer have. Some places do and the "entrepreneurs and smart corporate executives and hard-working everyday people" most likely won't be American (or, more precisely, won't be as overwhelmingly dominated by Americans as in the past).
Last but not least, a complete list of the pork attached to the "rescue" package. What I want to know is why bicycle commuters get money, but pedestrian commuters like me don't. I should write a letter....
(sigh)
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