Mar

18

 One of the many, many reasons I adore my wife is that she is not someone who can be gulled. When a friend of ours in the California Bar came soliciting for the ACLU, Susan asked him why their only First Amendment cases were defenses of pornography. "Surely, they are the one class of defendants who can afford their own lawyers?"

Secretary Paulson hardly needs conspiracy theorists to contribute to his defense; he has been more than artful enough to evade the main question that should have been asked - namely, why did the Treasury decide that it would guarantee the banks' counter-party assets instead of their deposit liabilities?


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