The turmoil in financial markets has turned into turmoil in Washington. In a remarkable turn of events, what looked like a "done deal" to the mainstream media, turned into a broken deal lying scattered in the moonlight on the White House floor. Books will probably be written called either Two Weeks in September or Black September or some other catchy thing.
No matter what I write here news will undoubtedly develop beyond my ability to keep up. That is of no particular worry as this is a web log, not a breaking news web site.
For now, I will close by saying the events in Washington bring forth emotions of both dismay and amusement. The main emotion today is one of relief knowing we will at least have another few hours without some hideous government giveaway to the thieves of Wall Street.
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