Not so surprisingly, I don't read the Wall Street Journal; I suppose I should, if only for the opposition research value of doing so. But the batshit Tea Baggers lie so fulsomely, that I can no longer abide it. I do, however, dabble with Mr. Market, and today was a link on one of those sort of pages to a write up of Roubini's recent WSJ interview. Here's the version that was linked to.
Near as I can tell, Roubini was and is a capitalist fanatic. Yet, here he is making the same argument I (and others, I'll acknowledge) have been making from the start of this endeavor: "It's the Distribution, Stupid". I shudder to think what it means to have Dr. Doom on my side of the coin.
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