A Voice of Reason in the Chaos

There is an article on the online opinion page of The Wall Street Journal talking about the current financial mess. It’s a fairly long article, but its headline is important– “Taking Revenge on the Rich Will Not Bring Recovery”.  It chronicles some of the things that went on during the 1929 depression that were not helpful in ending the depression.  We are not technically in a depression, but we definitely need to learn from past mistakes.

Just for the record, the top line of the DRUDGE REPORT states that the stock market is up forty points this month, 18 per cent over the past five years, and 44 per cent over the past 10 years.  We will come through this.