He wants to appoint a commission to study the current economic crisis.
Decoded, he’s saying:
• I know my hands-off economic principles have caused this, but I can’t admit that;
• I have to pretend I’ll do something;
• A commission makes me look “bipartisan.”
Meanwhile, as AIG goes further in the tank, and drags the rest of the market with it, it takes neither a commission nor rocket science to tell us lack of government regulation in statutory terms, and failure to use statutes that were at hand, were at fault.
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