Joseph E. Stiglitz on capitalist fools: About Us: vanityfair.com

Joseph E. Stiglitz on capitalist fools: About Us: vanityfair.com: "The truth is most of the individual mistakes boil down to just one: a belief that markets are self-adjusting and that the role of government should be minimal. Looking back at that belief during hearings this fall on Capitol Hill, Alan Greenspan said out loud, “I have found a flaw.” Congressman Henry Waxman pushed him, responding, “In other words, you found that your view of the world, your ideology, was not right; it was not working.” “Absolutely, precisely,” Greenspan said. The embrace by America—and much of the rest of the world—of this flawed economic philosophy made it inevitable that we would eventually arrive at the place we are today."

This is a great article from a Nobel prize winner. The blame game continues but Stiglitz pretty much boils it down to 5 specific items that occurred on the Reagan, Clinton, and G. W. Bush watch. And ultimatley that Rush Limbaugh stand by...the free markets ability to do everything except have sex with a human.