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We've Always Done Bad Things
I suppose there's something to be said for the new honesty , but it makes me a bit sick inside. At least I know who the monsters are now, I guess.
More on the bad bank
krugman.blogs.nytimes.com — OK, I've been doing more homework on the "bad" or "aggregator" bank idea that seems to be... gaining ground. And here's what I think: it's mainly based on a false analogy. What people are thinking about, it's pretty clear, is the Resolution Trust ... (more) More on the bad bank
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What they're saying
The Sideshow — ... The thing about torture, you see, even though it's always gone on, is that we used to recognize it as something so bad you never admitted if you did it. You knew that no decent human being would approve. And you knew that it would be bad for us if we went around bragging about torturing people. I share Atrios' revulsion for the way the debate has changed, as ...

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