A great article about how this financial mess got spun up by ALL of the players, left, right, center, and New York. This is what happens when you try and make money without making anything.

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Common Sense, the Crisis of our Time

Now it is here, the crisis of our time. This is the Sword of Damocles revisited; the threat is not visited on the single tyrant but rather the whole of our nation. But if you look up, it is not a sword held by a single horsehair.

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With foreclosures still climbing and every major bank still underwater on their balance sheets, why are the investors happy? Is it because the Fed has made it clear that everyone is going to get bailed out? I don't see why everyone is so excited.

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"We are almost going back to year 2000-types of errors," said Aaron Kessler of Piper Jaffray. Internet companies, he added, "are buying users instead of revenue and profitability."

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