Because they got what they wanted. �Robert Bruner, co-author of The Panic of 1907, a book I read over the weekend, quoted Yeats.
Turning and turning in the widening gyre
The falcon cannot hear the falconer;
Things fall apart; the centre cannot hold;
Mere anarchy is loosed upon the world,
The blood-dimmed tide is loosed, and everywhere
The ceremony of innocence is drowned;
The best lack all conviction, while the worst
Are full of passionate intensity.
I'm with Podhoretz: Perhaps
Labels: banking, economics, politics