Kannon Returns Fire: The Times It Is A’ Changin’
Reference is made to the Kannon Fodder piece beneath this posting:
It pains me to write this. It really does. I have good friends writing for The New York York Times. I think the Times deserves to be at the front of the line, ahead of the likes of AIG or Bear Stearns, if government money is required to preserve an institution of value. As it stands right now some rich fella named Slim is bailing them out. No joke.
However, the lack of anything more than pedestrian insight and lack of any value added by their editorial regarding the obvious misuse and abuse of TARP funds and the pain inflicted on tens of millions of Americans by the greed chain (from real estate brokers to white shoe bankers) is beyond disappointing.
It’s downright discouraging. Especially as the Wall Street Journal and the Financial Times continue to publish insightful editorials and op-eds on the crisis.
Additional comments powered by BackType
