You get a sense that America’s chickens have come home to roost. Instead of learning from our past mistakes though, as the idiom above is meant to suggest, the nation appears intent on compounding them. The Great American Bailout of 2008 is simply more of the same — more debt, more easy money, more moral hazard, more taxpayer responsibility, and more government intervention. Quite literally, the government has once again applied a band aid, papered the problem over and delayed once more what will certainly be an even worse day of reckoning. Yes, the chickens have come home to roost, but for all the roosting all we have gotten is more chickens.

Wall Street Goes on the Dole

Post-bailout, there remains a sense of unease at the juncture of Wall Street and Main, a feeling that the other shoe is about to drop. “If money isn’t loosened up,” warned the president …