Tech Policy

Only when the tide goes out....

I have (had?) a lot of respect for Warren Buffet. He once said famously that only when the tide goes out do you find out who has been swimming naked. Sad to say that the Financial Crisis and the Great Recession has revealed that Buffet and Munger -- the great investors of Berkshire Hathaway, beneficiaries of TARP and other bank bailouts, and Goldman defenders among other things -- have been found wanting appropriate beach wear.

Summers to go at the end of 2010, when will Geithner go?

Barry captures my emotions about departure of Larry Summers from the WH, and failure of Obama on economic front perfectly.