Icon Essential Reading
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Baerwald (view)

http://www.dailykos.com/storyonly/2008/9/21/9322/74248/245/602838

Yes, yes, I know, it's the dread DKos, but stop fanning yourself for a moment and read this piece, a particularly well-written and detailed history of the markets and the shenanigans that have brought us to this particular place as an economy. It may make you angry, it may make you nervous, you may even already know all this stuff, but it's nice (if one can use such a word in this situation) to have it all in one place.

And maybe it'll make you ponder, as it has me, this question this morning. Who is Henry Paulson, and why are we about to make him the most powerful figure in the country? Seriously.

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