Then they need to reevaluate what PhDs/MBAs from Ivy League business schools are worth. Since most of these fools in power who have them didn’t have the common sense of the armchair economist Bloggers who foresaw this. All that we needed was a fraction of the data the government has access to and a little insight and common sense to put it all together.
Bernanke, Paulson, Cox, Bair, Pres. Clinton and Greenspan should all have their degrees revoked for this. I’d add Bush to the list but I don’t know if he actually has a degree…
