Won’t Get Fooled Again
Posted in Main Blog (All Posts) on February 24th, 2009 5:38 am by HL
Won’t Get Fooled Again
WASHINGTON — It’s reaching the point where desperate measures — brutal honesty and complete transparency — may be the only way to bring the economy out of its kamikaze dive. If so, this won’t be pretty. A certain amount of legerdemain is designed into the financial system and makes everyone richer. But those we trusted with the world’s money are being shown to have acted with such cupidity, irresponsibility and incompetence that a consensus seems to be forming around the cautionary words of George W. Bush, our greatest unintentional aphorist: “Fool me once, shame on — shame on you. Fool me — you can’t get fooled again.”
