Yet another must-read from the Master Of Mayhen, the King Of Catastrophe, Mark Steyn:
"The political class looted the future to bribe the present, confident that tomorrow could be endlessly postponed. Hey, why not? 'Tomorrow, and tomorrow, and tomorrow, creeps in this petty pace from day to day,' says Macbeth. 'To borrow, and to borrow, and to borrow,' said the political class, like Macbeth with a heavy cold (to reprise a rare joke from Mrs. Thatcher). And they failed to anticipate that the petty pace would accelerate and overwhelm them. On Thursday, John Corzine, former U.S. senator, former governor of New Jersey, former Goldman Sachs golden boy and the man who embodies the malign nexus between Big Government and a financial services sector tap-dancing on derivatives of derivatives, came to Congress to try to explain how the now-bankrupt entity he ran, MF Global, had managed to misplace $1.2 billion. The man once tipped to be Obama's Treasury secretary and whom Vice President Joe Biden described as the fellow who's always 'the smartest guy in the room,' explained his affairs thus: 'I simply do not know where the money is.' Does that apply only to his private business or to his years in the Senate, too?"
