>It’s not even going to be homely.
When I first heard about Lehman Brothers filing for bankrupcy, I have to admit that my first thought was one close to indifference. (Sympathy for the workers, little for the management.)
Well, comrades, this is going to hit us all, especially when you add on Bank of America buying out Merrill Lynch.
I would add that the ultimate culprit in all of this is basic greed: People thought they could use their homes as ATM machines so that they could keep up with the Joneses, and the financing companies who eagerly enabled them to do so.
And our national budget is such disarray that another bailout–no matter how necessary it is–might not be possible.