links for 2009-11-12
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James Wolcott is made of sterner stuff than I am: he actually has the fortitude to watch Fox Business, where the talking heads manage to find nothing but clouds in the silver lining of a huge stock rally. To make their point they bring on such market experts as … John Bolton. As Wolcott writes, “It takes more than a market rally to pull the wool over Bolton’s mustache.”
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On this day in 1989, once everyone stopped patting themselves on the back for bringing down the Berlin Wall, Secretary of Defense Dick Cheney lamented what East German freedom would do to defense contractors in the pages of the Wall Street Journa
