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Monday, October 27, 2008

Welcome to Bizarro World

Psychosis-inducing juxtaposition of the day:

Paul Krugman writes: "The mother of all currency crises"

contrast with the near business-as-usual tenor/tone of Thursday's hearing:
Turmoil in the U.S. Credit Markets: Examining Recent Regulatory Responses

I don't want to bust on the Senators. Many are so obviously concerned. But, when I heard something about addressing some issue in the hoped-for, lame-duck session, one has to feel like they are living in a different reality, as if the world is waiting for decision-makers' ... schedule.