Great Article

In the midst of a historical election and a crisis on Wall Street, I find myself turning more and more to news blogs, articles, and radio talk shows hungry for any new insights and commentaries on these scary, yet somehow exhilarating, times.

While perusing the Huffington Post, I found this great article on last week's bump-in-the-road.  Here are a few excerpts:

It's privatize the profits, socialize the losses; patriotism for the masses, socialism for the rich.

We apparently can quickly find (or borrow) the money to do the stuff the authorities deem necessary, be it war or bailout; thus, we can also find the money we need for investment in people, from health care to education to infrastructure, etc.

The point is that these are potentially transformational times.

Transformations evolve out of crises...the big social movements that have transformed our politics have often resulted from the collision of brave, visionary leaders and major upheavals: Lincoln and the Civil War, FDR and the Depression, Johnson and the Civil Rights movement. Kuttner believes the stage is set for the next transformation, this time from a broken economy that threatens American prosperity to one that works for everyone.

Jeez...watching history unfold in front of you like this is sure worth the price of admission, ain't it?