AUSTIN, Texas -- There' some stiff competition in the
Stupidest Thing Said Yet department about the swoon in the financial markets. But among the heavy contenders we must surely count those who are now saying they know who's responsible, and it is us.
According to this theory, you, me and Joe Doaks made
Ken Lay do it. Came as a surprise to me, too. Naturally, as a liberal, I
just love guilt, so I was ready to sign right up for this one, but try as I
may, I can't get it to make a lick of sense. Nevertheless, several of
our heavy ponderers and The Wall Street Journal's editorial page insist
that we did it.
It seems "we," a word they use rather promiscuously
in my opinion, were seized by greed and folly in the '90s. "We" were so
stupid we thought stock markets only went up, and "we" are whining like
children only because "we" don't understand that in the big, tough, he-man
world of capitalism, we must take risks.
Who you callin' "we," white man?
Let me count the ways this one is a crock. It's not as though the 1990s are exactly lost in the mists of time here. Children