Wednesday, February 13, 2013

Quote of the Day

“Faced with overwhelming, catastrophic evidence that their faith in unregulated financial markets was wrong, [the Republicans] have responded by rewriting history to defend their prejudices. This strikes me as a bigger deal than whether Rubio slurped his water; he and his party are now committed to the belief that their pre-crisis doctrine was perfect, that there are no lessons from the worst financial crisis in three generations except that we should have even less regulation. And given another shot at power, they’ll test that thesis by giving the bankers a chance to do it all over again.” ~Nobel Prize economist Paul Krugman

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