In response to:

The Brass Standard

crackerette Wrote: Sep 13, 2012 1:47 PM
Wrong Nancy, Thomas Sowell has it 100% right. I watched as this travesty unfolded year after year, and I knew it was going to come crashing down at some point. It was just a question of when.

Politics takes a lot of brass. And Bill Clinton is a master politician. His rousing speech at the Democrats' convention told the delegates that Republicans "want to go back to the same old policies that got us into trouble in the first place."

That is world class brass. Bill Clinton's own administration, more than any other, promoted an unsustainable housing boom, which eventually and inevitably led to a housing bust that brought down the whole American economy.

Behind all the complex financial processes that reached to Wall Street and beyond, there is one fundamental fact: many people stopped making...