“This morning I saw that Paul Krugman had written a column on the little difficulties we’re currently having with our financial markets. And I thought, before I even opened it “You know, I bet that somehow, some way, this is the fault of the Bush administration.” I wasn’t sure that Mr Krugman would actually accuse George Bush of sneaking out of the White House at night to suck liquidity from the markets using his rich friends’ ridiculously expensive Miele vacuum cleaners. But I was sure it would be something.”
Was Jane Galt right? You bet!