Right Back Atcha

So the Boomers are retiring and the political prospects for cutting the two biggest entitlements, the ones that threaten to bankrupt us, Medicare and Social Security, dwindle in proportion.
In the end, says one of the only sane conservatives left, the only way to handle it will be cuts to defense spending and increased taxes (on the wealthy, I presume).
Weren't these two measures sort of the fiscal underpinning of the great Sixties unrest? I think they were. What goes around, comes around, eh? Unintended consequences indeed.

Mark Your Calendar

PBS will present an (always excellent) Frontline on the great financial meltdown featuring all your favorites from the recent past including Hank Paulson and Ben Bernanke. I'm hoping for a guest appearance from my fav, Alan Greenspan. Oh, and naked bankers. Lots of naked bankers.
(They call them zombie banks now, meaning the walking dead.)
Feb. 17. You can always watch online, too.

Question: Is there an uglier financial "expert" out there than Alan Greenspan? Not that Uncle Miltie was any matinee idol, but what's that thing the always darling Henry Kissinger said about power and aphrodisiacs?

Money (heh) quote, re: Paulson allowing Lehman to fail.

Paulson was thunderstruck. “This is the utter nightmare of an economic policy-maker,” Nobel Prize-winning economist Paul Krugman tells FRONTLINE. “You may have just made the decision that destroyed the world. Absolutely terrifying moment.”