Tuesday, February 10, 2009

Dumbass du Jour

Debra Saunders, in a column about Harry Markopolos, and the people who ignored his warnings about Madoff:

While many on the political left have blamed the 2008 financial meltdown on a lack of regulation, the Madoff story shows that regulation too can fail - big time.
Well, yeah--regulation can fail...especially when it's put under the control of people who don't believe in regulation.