I love this comment by Don Boudreaux. He rightly argues that while Palin is unqualified to be VP that doesn’t make her any different than the other three yahoos:

Fareed Zakaria (author of a truly fine book and columnist for the Washington Post) rightly argues that Sarah Palin is unqualified to be president of the United States (and, hence, by extension, unqualified to be V-P).  Mr. Zakaria is correct that Gov. Palin’s recent answer to a question about the economy “is nonsense – a vapid emptying out of every catchphrase about economics that came into her head.”  He’s correct also that she’s unfit to be entrusted with the power of the modern presidency.

But Mr. Zakaria is incorrect to suppose that these traits separate Gov. Palin from other candidates for high political office.  Calls by Senators McCain and Obama for cracking down on “speculators” are full of classic and wrongheaded catchphrases, as is Sen. Obama’s vocal skepticism about free trade.  Gov. Palin is merely less skilled in passing off inanities and claptrap as profundities.

Jeffrey Mirron of Havard has written a great article about how we got here (government incentives that urged banks to give loans to people who are credit risks) and why the bailout is a bad policy (if these mortgage-backed securities are worth something then someone will pay for them and that doesn’t need to be the American taxpayer). It’s a great article. Give it a read.

This is a day I never thought would come, but I agree with a lot of what Dennis Kucinich said today. Since he’s a socialist, I don’t agree that Wall Street needs additional regulation, but he’s right that Main Street shouldn’t be bailing out Wall Street.

Sometimes libertarians and the socialists can get along.

…can we amend the Constitution and get Bill Clinton back? Just asking.